720 E. Hyman Ave.

Suite 201

Aspen, CO 81611

970.429.1100
NEWSLETTER
February 2010 Global Equities Start Downtrend (~ -4%) in January - Caution
January 2010 2010 - Recovered Markets Need Confirmation of Economic Recovery
December 2009 Markets Stall Awaiting Economic Recovery
November 2009 Borrowing to Buy a Car is Not Growth
October 2009 Rally Based on V-Shaped Recovery. But It's Not Happening.
September 2009 5-Month Green Shoots Rally is Ending
August 2009 Market Rally has Priced In a V-shaped Recovery.
July 2009 Down 25%, Up 34% = FLAT. That's the YTD June 2009!
June 2009 Market Continues to Play Pollyanna's "Glad Game"
May 2009 Green Shoots Rally - What's to Come, Tulips or Dandelions?
April 2009 Bear Market Rally - Enjoy It, Cautiously
March 2009 Where's the Bottom? Don't Guess - Just Wait for It.