Whisper of the Day $ALU $TASR $ FXI

Well, yesterday FXI made me look silly as it tanked. Today it is making me look okay. Of more importance than what I look like is that FXI, EEM and the TIP-TLT ratio all have similar patterns.

When did we forget that markets do not go straight up forever? Has the constant Fed meddling left us with nothing but skittish investors, who cut and run at the first inkling of pain?

The Chinese central bank let each of the nation’s five key state-controlled banks to borrow $16.2 billion to boost soft industrial output and sort out credit crunch issues. In short, China seems steadfast in enhancing domestic consumption and activities.

So much for 2,000 holding. Fortunately, our Big Chart kept us cautiously bearish into the weekend and the hedges in our Short-Term Portfolio functioned perfectly, gaining $13,000 on the day and completely offsetting the drop of $8,000 in our Long-Term Portfolio.

China's Industrial Output is at its lowest level since the 2008 crash and Hong Kong stocks dropped 1%, the 7th consecutive down day over there and the Royal Economists at the Bank of Scotland slashed their forecast for China as worries rise that the world's second-largest economy is headed for anot