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Timber

Timber May Be the Best Investment
Robert Smith, writing for Oregon Business, highlights the attributes of timber as an investment class. ...
- Posted June 21, 2011
- 0
A Look at Weyerhaeuser
CNBC took a somewhat misleading look at the past and future of Weyerhaeuser (WY),...
- Posted May 11, 2011
- 1
Morningstar Analyzes Timber as an Asset Class
Daniel Rohr, CFA, provides some interesting insights into the fundamentals behind timber, which Jeremy...
- Posted October 2, 2009
- 0
Are the Big College Endowments Really Big Losers?
John Hechinger has written an article for the Wall Street Journal entitled, “Harvard, Yale...
- Posted September 12, 2009
- 0
Timber Appears to be Overpriced
Andrew Barry at Barron’s has written an article about the likely overpricing of timberland....
- Posted August 10, 2009
- 0

Stock Market Advantage Sell Signal
The Tactical Timing System has generated a sell signal. To...
- April 29, 2013
- 4
Notes from Jeremy Grantham’s Latest Letter
Long-time market tactician and observer Jeremy Grantham, of the money...
- February 15, 2013
- 0
Jeremy Grantham: The Market is Gloriously Inefficient
Jeremy Grantham has released his latest investment letter which he...
- February 26, 2012
- 0
Timber May Be the Best Investment
Robert Smith, writing for Oregon Business, highlights the attributes of timber...
- June 21, 2011
- 0
A Look at Weyerhaeuser
CNBC took a somewhat misleading look at the past and...
- May 11, 2011
- 1

Ameritrade Clipped Me for $38 Again
A big source of aggravation for me is Ameritrade's...
- March 30, 2020
- 0
International Seaways Added
The oil tanker companies were in the middle of...
- March 25, 2020
- 1
Going Off the Rails
Today I made wholesale changes to the SMA Portfolio;...
- March 23, 2020
- 1

Is the Retirement Crisis Really a Crisis?
PBS Frontline recently presented a documentary called “The Retirement...
- April 25, 2013
- 12
Alarming Chart of the Stock Markets of 1987 and 2012-2013
Several days ago I posted a chart showing the...
- May 22, 2013
- 8
Gary Shilling’s Favorite Investment: 30 Year Treasuries
Larry Kudlow interviewed Gary Shilling last week. Shilling continues...
- June 23, 2011
- 7

Based on a scale of 1 (major complacency) to 10 (extreme fear): Current and Selected Past Readings:

Date	Index	SMA Comment
3/23/2020	7.0	Coronavirus and oil price war panic investors to the highest level of fear since March 2009
12/26/2019	2.3	Lowest level of fear in nearly two years (January 2018)
12/21/2018	6.7	Raised fears likely setting up a buying opportunity
1/11/2018	1.8	Unusually low fear could mean we're near the top in valuations
1/13/16	6.3	Terrible start to 2016 raised fears
10/3/11	8.5	A good tradable bottom (S&P 500 @ 1,085) based on lots of nonsense
3/9/09	7.0	Market bottom (S&P 500 @ 666); end of the world was nigh
10/27/08	8.8	Market had dropped 28% in 5 weeks, Paulson pulled out all stops to save Wall Street bankers
10/12/07	3.2	Market top (S&P 500 @ 1,562); worldwide housing bubble pricked