tag:blogger.com,1999:blog-816559531110064247.post8389852178655620114..comments2024-03-08T01:03:44.522-08:00Comments on Humble Student of the Markets: Sell in May?Cam Hui, CFAhttp://www.blogger.com/profile/09672203690656029787noreply@blogger.comBlogger2125tag:blogger.com,1999:blog-816559531110064247.post-1922725000860288642011-05-11T09:31:09.695-07:002011-05-11T09:31:09.695-07:00Reaching the debt ceiling is not the same as defau...Reaching the debt ceiling is not the same as defaulting. A default is the stopping of payment of principal. Reaching the debt ceiling will ONLY prevent the issuance of new debt. So the government will not be able to meet certain obligations, wages/services/entitlements, but will continue servicing existing debt. Like someone maxing out their credit card, the stores that person frequented will no longer be paid, but the person will not be in default unless he stops paying the credit card company.Trust - Mehttps://www.blogger.com/profile/00515106480141315672noreply@blogger.comtag:blogger.com,1999:blog-816559531110064247.post-29353217173170424272011-05-10T09:16:17.522-07:002011-05-10T09:16:17.522-07:00No arguments with you here. The MULT has been in s...No arguments with you here. The MULT has been in steady decline since the first of the year and money creation is having no effect on providing lasting upside market momentum in commodities which has been the market leader. <br /><br />I have reallocated my commodities position drastically down 4 weeks ago when the anticipated rally from the massive amount of money creation from the Japanese earthquake carried little market momentum in the sector.<br /><br /> Since then I have sold out of base commodities and oil and down to zero cost core positions for my gold holdings with one exception.<br /><br /> I now have much larger cash, bond and some health care in my allocation. <br /><br />Cam- I have to thank you for leading me to the fed data info on the St Louis Fed website awhile back. It is a treasure trove of information that has help me actually time the market with success.FIFOhttps://www.blogger.com/profile/15451122396844264938noreply@blogger.com