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Picks Performance:
Outperforms
34%
of community
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All-time Return
-7.03%
(in 1 year)
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Risk (SD)
Moderate
0.00%
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Sharpe Ratio
-22.33
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Followers
15
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Winning Picks
87
of
238
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Total Views
60942
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Trader Mark 's Blog Posts
Tim Geithner Under Fire (Videos)
11/19/09
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Rough day at the office for Tim Geithner
2 very interesting videos - whatever side of the aisle you are on, it sure is interesting to watch. Please note, I did NOT write these titles for the videos - they are from the youtube user.
I have never seen Geithner so agitated... I almost felt sorry for...
PIMCO's Bill Gross December 2009 Letter : Risk of Bubbles Rises with Low Rates
11/19/09
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One of the most powerful men in the United States, Bill Gross, has put out his monthly letter and its a doozy. [Feb 21, 2009: Fortune - Is PIMCO's Bill Gross too Powerful?] Nothing new to FMMF readers, but when the most respected of investment managers start waving the bubble flag, it's less easi...
EJ
CTRP
Bookkeeping: Beginning Starter Stake in Ctrip.com (CTRP)
11/19/09
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Aside from E-House Holdings (EJ) which completely fell flat on its face, one of the best earnings reports of the past few weeks was Ctrip.com (CTRP). Unlike EJ, the stock gapped up after earnings and tacked on a bushel of points. Today the stock has come back and filled it's "gap" in the $66s, wh...
More Homes in the US in Delinquency or Foreclosure, than for Sale
11/19/09
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Despite countless monies spent by government to manipulate the housing market upward, [Mar 5, 2009: WSJ - Mortgage Bailout to Aid 1 in 9 Homeowners] we have reached a new threshold in our "recovery".... for the first time the number of homes in delinquent status + foreclosures is GREATER than ...
Bookkeeping: Selling Index Longs as S&P Breaks 1100
11/19/09
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I am just being mechanical and conservative here and selling out the index longs (TNA & SPY calls) bought Monday on the breakout over S&P 1100 as we fall back below it. Could be a head fake - we never know until after the fact, but we can always re-enter on a bounce back over S&P 1103-1...
GDX
KGC
John Paulson Set to Launch Gold (GLD) Hedge Fund
11/19/09
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I keep looking for something that marks at least an intermediate term top in gold, i.e. a "magazine cover" indicator aka when everyone is on the same side of the trade and even your barber starts talking up gold stocks. This doesn't mean the thesis is not correct in the long run, but let's keep a...
Infectious Greed: Detroit v Rest of US in Unemployed Per Job Posting
11/19/09
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Hat tip to Paul Kedrosky for this eye opening chart. The source data can be found here but as they say a picture is worth a thousand words; clearly there is a localized depression in the metro Detroit area.
[click to enlarge]
As you view in shock and awe, I'd also like to point out the city i...
TOL
Toll Brothers (TOL) CEO: “Yesterday’s subprime is today’s FHA,”
11/18/09
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*deep sigh* Just another day in Rome...
I truly wish those of us who have been warning about this impending mess could get tax exclusions from our wages to be raided for the bailouts that are to come. I do want to make a caveat since I've made the FHA implosion my personal Roubini / Schiff call. E...
EJ
Bookkeeping: Stopped Out of E-House Holdings (EJ) ... Again
11/18/09
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I am having a frustrating time with E-House Holdings (EJ); after we bought back a large exposure yesterday morning following a stellar earnings report; the stock has done nothing but sell off. I am confused by the reaction but the stock has been weak for much of the past month. Obviously a big pl...
S&P 1100 Current Pivot Point
11/18/09
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All <strike>eyes</strike> microchips seem pointed at S&P 1100. As we wrote Monday during the morning surge:
I hate to use the word "resistance" anymore since all resistance has been futile so maybe we'll use "resting point" from now on. I'll start looking at the next "resting point" f...
CHS
HANS
Best Performing Stocks of the Decade: 1900% to 7900% Gains
11/18/09
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I emailed the the originator of this list, Eddy Elfenbein of Crossing Wall Street, to see what his parameters for "Top Stocks of the Decade" were and there was but one:
The universe was any stock traded on a US exchange that had a price of at least 50 cents on 12/31/99.
Despite a lost decade in ...
CAT
ERTS
Minyanville.: Our Economy is on Steroids
11/18/09
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Below is a guest post, reprinted with permission of author Vitaliy Katsenelson who writes often at Minyanville.com. I don't have as much time to read the site as I used to, but he is definitely one of the more thought provoking writers at the site.
If you are new to FMMF, I wanted to bring over ...
Still All Good for the Bulls - Quiet Consolidation
11/17/09
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Barring a nasty reversal in the last 45 minutes, today is a big win for the bulls. Support of S&P 1100 has been held; a major move up is being consolidated with almost no pullback at all. Stocks are simply churning before making the next move (up!) - that's how it appears at this point. On...
FSLR
APWR
USA Today: China Pushes Solar, Wind Development
11/17/09
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Just something to keep your eye on as your politicians promise you that the US will be the world leader in green tech jobs. In fact they have to layer countless more debt on your children and grandchildren for temporary jobs, to make this dream come true. Most likely this promise will come next s...
MOS
POT
Potash (POT) Could be on the Verge of a Breakout
11/17/09
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Fertilizer stocks were some of our huge scores in 2007 and first half 2008; specifically Mosaic (MOS) but Potash (POT) was another huge winner. While Mosaic remains comatose, Potash might finally be ready to join the commodities party. I have been observing a double top area in the $106 range; a ...
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More about Trader Mark
Avg exp holding time:
171.83 days
Website:
www.fundmymutualfund.com
About Me:

I have been in the market in some form since being a teenager, first with mutual funds, than onto to
... more

I have been in the market in some form since being a teenager, first with mutual funds, than onto to stocks. Now it is 20 years later. It has been a passion of mine, and as any investor, I've had my ups, downs, and tuition extracted from learning the ins and outs. "If I only knew then..." and I continue to learn each day. I have a BA in economics from the University of Michigan (Go Blue!), and work in finance (not related to Wall St). Obviously my goal is to work in investment management, so that I don't need to "work" another day of my life.
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