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Monthly Archives: June 2010


Are Stocks Falling Off The Cliff?

Jun 30, 2010

Some of my comments today will sound a little too much like “trader talk” for my liking. But after all, I have been saying that there’s nothing from a valuation standpoint that a money manager can hang his hat on these days.  At today’s stock prices, investors are paying too much for future earnings to… More

The Market Nears The Precipice

Jun 29, 2010

To All Clients, The market is near the precipice of serious trouble.   The Dow is trading below the psychologically important 10,000 level and the S&P 500 has fallen almost 15% in the last 2 months.  Although the short-term oversold market conditions may provide a good setup for at least a brief rally, I’m not too… More