- November and December: Historically, November is the strongest month of the year. However, this past November was the pits! Ned Davis Research (www.nr.com) in their institutional report today, has an interesting observation: In the past 65 years, November has declined only 23 times. Out of those 23 times, the following December was Up 21 times. So, the “odds are” that this month will be up.
- Last month’s Turov on Timing showed that good and bad days tend to alternate, yet in the daily advice you typically still advise carrying winning positions into next day. Is this contradictory?
Do you have any thoughts on projecting saving from a devaluing dollar? I can’t tell if I’m jumping on the down dollar train just as it’s about to significantly rebound (given the massive media exposure it’s getting now), but the long term fundamentals look horrible. There is a mutual fund that is designed to protect against a falling dollar. What are your thoughts on taking a 50% position with free cash sitting in saving as a hedge?