2004 Newsletters

December 2004[pdf]

Current account deficit, 27 Bubbles

Japan & China Own 47%, Low Fear

High Dow

November 2004[pdf]

Following the Herd vs the Few, the

Money emotions test, Dollar falls

September 2004[pdf]

Insider Selling, 2000 vs.2004, Conflict of    interest, 97.2% Buys & Holds, 2.8% Sells

August 2004[pdf]

Economics: Austrian vs German

Mises vs Keynes, Profs speak out

Richard Koo on Japanese Deflation

July 2004[pdf]

Stock Options & Buffett, 219 Bull Weeks

9 Bear Weeks, Picasso & Clapton, Luck

or Skill?

June 2004[pdf]

Job data Distortions, History of Bear

Markets, Blind faith, 282 buys, 4 sells

May 2004[pdf]

Inflation & Deflation, the Money Machine,

Market Noise, 8,830 Sells per 1 Buy,

Gold & Greenspan

Special Edition Pictures 2004[pdf]

Smart money, Housing & Fannie

Mae, Mutual Fund Cash Levels,

Derivatives, Program Trading

Special Edition Parabolic Rises 2004[pdf]

The NASDAQ, Silver, Debt, Real

Estate & the Supply of Money

Bear Market 1. 2004[pdf]

Reasons for a Bear Market: Jobs,

Foreign Debt Held, Low Savings,

CPI Distortion, $36 Trillion Liability,

Solutions

Bear Market 2. 2004[pdf]

Flaws in Financial Theories,

Elliot Wave & Dow Theory,                   Fibonacci, Solutions

Bear Market 3.History. 2004[pdf]

Crash of '29, Keynes Quotes, Rhea in '32,

Big Bets in 60's & 90's, $100 million to

$1.3 Trillion in under 60 years, Currency

Trading, Spending Mania, Solutions