February 16, 2009

The following weeks should result in tremendous stress on the markets. We are getting very close to our intermediate term BUY signal. Once we get through this final shakeout 2009 should be a very positive year for stocks and mutual funds.
While gold currently looks strong, this is a time to sell into the strength.
For those who have held on to their stocks funds through this whole decline, switch advisors and let J.H.BLAKE Capital manage your accounts. You keep your money, we just manage it.
It's easy to make recommendations to buy, but good selling advice is hard to come by.

January 28,2009

House passes stimulus bill. Dow rallies 201 pts.
Sell this rally!!!
Wouldn't it be nice if all we had to do was to keep borrowing more to pay our current debt? As long as we can keep borrowing our bills keep getting paid.
One problem...that's not possible unless you are the government.
Markets should make new lows within the next two months and then you can get back in your mutuals for a nice 2009 rally!!!! For now keep making interest on your money market. For the aggressive, sell short!!!
Ready, set, go!!!