Monday, September 12, 2011


As Europe brings down the western global economies, the U.S. stock market continues to flirt with a Bear market - something that has happened no more than 2 times per decade since 1900 and no less than 1. Last week showed rather tame indicators, thanks to the up-down nature of the Holiday week. The CBOE put/call ratio did rise to 75 from 67; and the VIX from 33 to 38. The McClellan Oscillator is -34, which is good to see if you are Bullish. Also, the AAII sentiment inverted again to 30 Bulls/40 Bears -a good sign. Money continues to flow into MMFs (probably from Europe, which doesn't trust its own paper), but not into equities.

My Google docs. seems to have contracted a bug and will not let me reproduce the template this issue. As a bonus, however, my blog outlines a fairly safe way to play Uncle Ben's new Twist strategy for a 9% annualized return.

With record numbers of dollars coming out of Money Market Funds, mostly into the crowded trade of short term bonds, anyone who has a minimal knowledge of covered call options and/or an interest in hedging stock market exposure might want to check out: for an alternative strategy that is low-risk as well as highly rewarding. For those of you wanting more details and actual trading results, a new book is available for $14.95 at Zero (IN)Tolerance

Subscribe in a reader


No comments:

Post a Comment