Tuesday, August 11, 2009




Just recently finished watching Bed Time Stories with the little gladiator twins. A fine movie all around, rarely go wrong with an Adam Sandler flick. What struck me was that the final score was I think I am in Love by Eddie Money and the little Gladiator Twins knew Every word! This would be a testament to the time spent in transit to a very active little life with Mrs Gladiator, and a narrow selection of classic 80's pop always blaring. Now Eddie Money and Rick Springfield et all are fine, but I am trying to raise little Gladiators. Hence the Above. A more active role in the musical proclivities of the precocious two and a tutelage of the finer points of Angus and Tawny Kitaen shaking her money maker on the hood of a Jag will begin henceforth.



On to the markets. As I run a very eclectic total return portfolio for qualified individuals, based roughly on an adherence to absolute return market timing, and worshiping at the house of what is working right now, I could not be happier. We nailed the failed beak down weeks ago and have been long and leveraged since. What to do now is the question of the day. My proprietary giddy Bear indicator tells me there is still much more upside ahead. Combine this with the vast majority of under invested long only portfolio managers who will chase this market higher in the low volume dog days of summer and I see S&P 500 at 1050, an important technical number sooner rather than later. Shortly after that, well that is a different story. Swung hard long after the close(disclosure long NQ_F)in anticipation of benign news out of the 2 day Fed meeting tomorrow. I bet I WIN.



Good Trading


EX

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