Lawrence Livermore
Laboratories has discovered the heaviest element yet known to science. The new
element, Governmentium (Gv) , has one neutron, 25 assistant neutrons, 88 deputy
neutrons, and 198 assistant deputy neutrons, giving it an atomic mass of 312. These
312 particles are held together by forces called morons, which are surrounded
by vast quantities of lepton-like particles called peons.
Governmentium has a normal
half-life of 2 - 6 years. It does not decay, but instead undergoes a
reorganization in which a portion of the assistant neutrons and deputy neutrons
exchange places. In fact, Governmentium's mass will actually increase over
time, since each reorganization will cause more morons to become neutrons,
forming isodopes. Sadly true...
MARKET
RECAP
Many
said today was the Ben effect, i.e., the market was up on hopes the Fed will initiate
QE3. It was certainly a switch from yesterday's down day.
Here are the preliminary Friday numbers. Friday the S&P 500 finished UP 1/2% to 1407
(rounded). VIX fell 1.5% to 17.56.
NTSM
I
don’t have all of the final data, but I don’t think the final will be much
different. The preliminary NTSM analysis
remained HOLD Friday.
The NTSM system is beating
the S&P 500 by ½% for 2012. Not much,
but 89% of all hedge funds are underperforming the S&P 500 this year (per
CNBC) so it could be worse. (NTSM was up 78% from 2006-2011 while the S&P
500 was essentially flat.)
MY INVESTED POSITION
Based on the BUY signal, 6
July, I moved back into the market on 9 July (after the weekend) at S&P 500
1352.
I now have a 50% stock
allocation overall. For my age, that is
what most advisors recommend as a fully invested position, however, I am
normally much more aggressive. I have
less invested in stocks now because there’s a lot of risk.
ENJOY THE WEEKEND!
