Monthly Archives: April 2008

Rally Evaporates

As expected, the Fed cut the fed funds rate and the discount rate by 0.25% each. The accompanying statement regarding inflation concerns was largely unchanged from last month. The Fed further elaborated that readings on core inflation have improved somewhat … Continue reading

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All Eyes On The Fed

Market activity has been sloppy over the past couple of days with anxiety rising as to whether the Fed will cut rates again tomorrow. The decision will be announced around 2:15 PM EST. Our Trend Tracking Indexes (TTIs) pulled back … Continue reading

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The Annuity Game

While I don’t always agree with Paul Farrell’s viewpoints, he did write a nice piece about annuities called “Clip Job.” If you own an annuity, or are consider investing in one, you owe it to yourself to read the entire … Continue reading

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Buy And Hope To Hold

Random Roger had an interesting take on the China market and whether it might make sense to ease back in with a conservative allocation. He concluded that “this all might flow into an idea I have expressed before that maybe … Continue reading

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Sunday Musings: Get Smarter Using Simple Heuristics

I’ve been reading “Simple Heuristics that make us Smart” by G. Gigerenzer and P. Todd, since I found it referenced in an investment book. The authors define the term “heuristic” as “serving to find out or to discover.” In the … Continue reading

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Never Too Big To Admit Mistakes

I have repeatedly talked about the importance of not only tracking a sell stop but actually executing it when the price point is triggered. Many readers have told me that this is one of the most difficult things to do. … Continue reading

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