The AAS Market Model turned Bearish as of the close Tuesday, May 15, 2007. Again, the Technical component of the model was the deciding factor. The total universe of stocks, ETF’s and mutual funds which we review on a daily basis is 1,833. Of those reviewed, 572 are rated “Buy,” 653 are rated “Sell” and 608 “Neutral”. The recommended allocation in the Model Fund Portfolio’s was immediately reduced to 50% invested and 50% in cash while in the Model Stock Portfolio the allocations is being reduced as individual securities loss their directional trend or violate a internal Sell rule.

Market Outlook and Alpha Potential
Ok, so this wedding sculpture thing was going a little too smoothly. I expected at least one minor mishap during the process. Last night, I was baking both sculptures together, and while waiting for them to finish, I heard a metalic thump coming from the oven. I immediately knew what had happened. I opened the oven to find both my and Cary’s tiny little dopplegangers lying face down on the cookie sheet, with a couple of broken feet and two severed hands.

On the upside, the clay had baked just long enough to harden, so the fall broke the pieces off cleanly instead of deforming the clay. I’ve glued the feet back on, and will do the hands tonight. After that, the sculpting will be finished except for adding the eyes and filling in any rough spots. I’ll have pictures of the final unpainted pieces up soon.

http://www.golfnuggets.com/courses/details/o2.html
http://www.golfnuggets.com/courses/details/n.html

Equities: Recently reported by Standard & Poor’s Chief Technical Strategist Mark Arbeter, the technical picture for the S&P 500 indicates the benchmark will probably eclipse its record closing high of 1527.46, set on March 24, 2000, sometime in May or June of this year. If history can serve as a guide (but remember past performance is no guarantee of future results), we will likely see sub-par price performance in the first month following the setting of a new high, and then find above-average price appreciation in the three and six months after.
Bush, Young and Leinart were invited to this weekend’s shindig. These three young men were the clear cut star players, but no Brady Quinn? Sure he has next year to shine, but he played his ass of this year and deserves to go. I know we can all think back to previous Heisman announcements and said…what the H…or who the H is that?? Heisman Trophy

posted by StonecoldJZ @ 12/07/2005 11:05:00 PM 0 comments
Barnett = Buffoon

It appears Colorado has decided to not retain Gary Barnett, but it’s news to him. Gary, let me in on a little secret….IT WAS ONLY A MATTER OF TIME! You have been involved in scandals and black clouds for most of your tenure AND you just lost the Big 12 Championship by 67 points!!! Get out of Boulder while you can and please don’t act like you are SURPRISED! Colorado Buffaloes

http://www.golfnuggets.com/courses/details/o.html
Bonds: Our friends at Vining Sparks point out that yields rose sharply over the past week as technical support failed amid a continuation of the mixed bag of economic reports. The five and ten-year Treasuries had their worst week since June of 2006 as both yields broke through April’s highs and closed in on January’s peaks, which were the highest yields seen since last summer. From a technical perspective, bonds now look quite attractive and a meaningful reversal should be considered quite possible. In addition to the technicals, seasonal factors tend to aid bonds at this time of year. In the past 20 years, five and ten-year yields have fallen 14 times in June, tying December and September as months with the best batting averages.