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Money flows out of the equity markets have recently picked up. Negative flows have broken technical support levels like 50 and 200 day moving averages.  Although the major indices do not show [...]

….never like to have a lot of company. They usually prefer their own counsel and have found through experience that unanimity of opinions usually indicates danger. When everyone seems to [...]

Money flows last Friday turned decidedly negative. As a result, we expect more volatility. The pre-election correction has probably started. We have anticipated much of this and raised cash [...]

According to the wisdom of the Tao philosophy, the more you think you know something, the more likely it is that you don’t. The more certain you are of a course of action, the more likely it is [...]