In the interest of full disclosure, my subscribers and I have the portion of assets following our seasonal strategy 100% invested in the 30-stock Dow until the next exitsignal is generated.
And he added that "within six months there is going to be a clearer need to signal the exit strategy from this super-loose policy" of keeping rates low.
He points out that risk premiums reached historic highs in August and if equities were to approach those levels again, that would signal a good exit point.
The question for seasonal investors now, fractionally ahead of the market if they followed the spring exit and recent re-entry signal of my Seasonal Timing Strategy, is whether the rally that began in November was the beginning of a typical favorable season rally into next spring.
Some political journalists at Likud headquarters were arguing within hours of the exit polls that the results sent such a confused signal about the political mood in Israel that they made another election likely within a year.