July 1st, 2009
Can’t believe it but this blog has aged another year; we’re now 4 years old. Over the past year, I’ve added 210 posts; since the beginning, four years age, the number is around 500 (I started deleting the first year’s posts last year). In case you’re interested, you can see all this years posts, including the number of comments and their tags by clicking here and all of them can be accessed through the archive which is under the Google search box on the right.
It’s been an exciting year to say the least. I most proud of the fact that I warned you all through the year to stay heavily in cash with such posts as:
- 7/20/2008: The Dow at 7,200?
- 9/12/2008: When Will Market Predictability Return
- 10/6/2008: Final Leg Down Begins
- 10/24/2008: Lessons From Past Crashes and Recoveries Out of Them
But I alerted you to the approaching bottom and offered some strategies for playing it while still staying safe:
- 11/15/2008: Those “Perpetual, In-the-Money Call Options”
- 11/26/2008: Golden Cross and OBV: An Update
- 12/14/2008: What Does 2009 Look Like From This Vantage Point
- 2/8/2009: More Stocks with Basing Chart Patterns
- 3/19/2009: The Debate is Settled: The Market Has Hit Bottom
- 4/17/2009: The Next Industrial Revolution
- 5/9/2009: Comparing Market Crash Bottoms: 1975, 2003 and 2009
- 5/20/2009: U.S. Stocks: The World’s Laggards
I’ve had fun tweaking Cramer about his ridicule of charting through some of his lamest calls. I admit to have a couple of misses too but you’ll have to find them on the list yourselves …. I’m not going to list them here. The most fun has been in being able to expound on my view of how I chart so that you can do it yourself.
Heard Bill Gross of Pimco saying this morning that people have seen the end of living off of the rise in the value of their assets; I hope he’s merely “selling his own book” as they say because dividends trying to live off dividends is tough and boring. Being an optomist, my view is we’ll survive an otherwise uneventful summer together and come out the other end, around Labor Day with renewed confidence, the completion of the inverted head-and-shoulder reversal pattern of this market bottom and the long awaited break above its neckline.
In the meantime, thank you for reading, your questions and comments and your support. Let’s all make money together.