Not prone to victory laps, but...

I was brought up to be modest and I am not prone to taking victory laps, but I was reminded of my post from two weeks ago, The reason why the bulls should be cautious about a January hangover. To be sure, I never expected the kind of downdraft that the market is experiencing, but I was directionally correct.

What's more, my big picture calls were pretty good last year (and they contrarian enough that I got a ton of hate mail):

• Why I am bearish (and what would change my mind) May 2015 (red arrow below)
• Relax, have a glass of wine August 2015 (blue arrow below)
• Why this is not the start of a bear market September 2015 (purple arrow below)

That brings up the point that the new site is closing to new subscribers except for 24-hour day passes as of midnight (Pacific Time) this Friday, January 15, 2016 because I would like to better control the rapid growth of our community.

I know that many readers have been following me for a long time. I would like to give them the opportunity to get the best start on 2016. Come over and take a look.

The subscription page is here (US$199.99 for one year, US$19.99 for one month, US$4.99 for a 24-hour day pass). Even if you are not ready to subscribe, you can always sign up for email notification of free posts as they are available two weeks after publication.

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