MBO Issue 34 (Oct 2014) Special Update
By LawrenceSpecial update for premium members.
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Quantifiable Edges has something on that same line.
The defense started from 8% pullback and then 10% pullback today.
This afternoon I shifted my pension into equities and out of bonds, and my kid’s college fund out of cash into SPY.
I have basicaly booked 2014 and have been spending most of the time the last week working on my book. Bad timing, I suppose.
Volatility has entered crash level insanity. May still take a while before the market settle down.