Thursday, July 26, 2012

TAQ 7.26.12

We're temporarily adopting a new model with only 3 components.  The LQD and TIP have reached extreme overbought levels and their usefulness in providing proportional risk offset needs to be re-evaluated.  The TAQ model, like the demonstration S model, remains in a hold mode for new capital.
Our goal is to focus attention on improved net returns (and the safety net) for the rest of the year rather than what's happened in the past.
We'll examine some portfolio options for accomplishing that goal on Saturday.