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Markets / Other

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Bear-Market Portfolio Design

Nov 15, 2002 at 00:00

Welcome to the bear market. While such a statement was considered ultra-heretical and worthy of intellectual stoning-to-death not too long ago, today after 32 agonizing months and trillions of dollars…

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Volatility Trading the QQQs 2

Nov 08, 2002 at 00:00

It all began after the closing bell last Friday afternoon, when the US government declared that it was probably done harassing Microsoft. Minutes later an announcement hit the wires indicating…

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The Optimistic Bear

Nov 01, 2002 at 00:00

Capital, which should be a useful tool and nothing more, tends to evoke incredibly strong emotions. All kinds of crucial human needs and desires are somehow symbolized in capital. Foundationally,…

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Valuation Wave Reversion

Oct 25, 2002 at 00:00

Because valuations of US equities have been high for a decade or so, the equivalent of "summer," Wall Street is spending vast sums of money to attempt to rationalize to…

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Long Valuation Waves

Oct 18, 2002 at 00:00

Buy Low Sell High. That's it! The core essence of investing is exceedingly easy to comprehend. Even kids can wrap their minds around this simple idea and walk away with…

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Forcing the Fed's Hand

Oct 11, 2002 at 00:00

The private central bank of the United States, the so-called Federal Reserve, is always a contentious subject to discuss. Just like the ancient Islamic jihad against the Jews, abortion, or…

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Trading Volatility Ratios

Oct 04, 2002 at 00:00

There are rock-solid, fundamental realities underlying both life and the markets. As each of us proceed through life and investing, we strive to understand and grasp the true fundamental realities…

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Gold's $325 Maginot Line

Sep 27, 2002 at 00:00

As I have traded and observed the gold markets in recent years, it has become ever more apparent that the $325 region for the Ancient Metal of Kings is a…

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Handicapping Market Crashes

Sep 20, 2002 at 00:00

Stock market crashes are really interesting phenomena and they can wreak great havoc, so it is not surprising that they have an almost legendary place of prominence in popular market…

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Volatility Trading the QQQs

Sep 13, 2002 at 00:00

One of the most popular stock index speculations on the planet today swirls around the US NASDAQ index. The NASDAQ was the very nexus of speculative excess in our recently…

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