This has been a big week for me, and I see my posting slowing down some in the next few weeks. One of the main reasons is that yours truly has recently started a new software company. In due course you will learn more about this venture as it progresses. Now that I can share that distraction with you I feel a tremendous sense of relief.
Being creative is what I love most and I hope this new outlet will provide me an opportunity to keep learning and sharing “the inner wisdom of the market complex” on this blog.
I have to admit, the rally to new highs on the S&P500 is simply quite marvelous. For all my errors forecasting collapse, I have to be honest with myself, this climb is quite majestic given the horrible news that accompanied this journey.
Nothing however goes up forever, I am very satisfied with the performance of the Sefirot Freestyle portfolio todate, and while I cannot forecast what tomorrow will bring, I can say that given the amazing performance over the last few years, the returns for the broad markets over the next 10 years will be sub-par even factoring in robust GDP growth.
For now the law of LARGE NUMBERS awaits, and I suspect the S&P500 will crest the 3000 mark and the Dow will pass the 18,000 level probably before the weekend; sparking a whole bunch of noise in the market place.