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Strategies & Market Trends : Mish's Global Economic Trend Analysis -- Ignore unavailable to you. Want to Upgrade?

To: jack102son who wrote (110814)	4/20/2010 1:01:09 PM
From: Jim McMannis	1 Recommendation Respond to of 116555

Mish is right on the money.

To: jack102son who wrote (110814)	4/20/2010 1:19:57 PM
From: ajtj99	3 Recommendations Read Replies (1) \| Respond to of 116555

Wow, you sure are one classy individual. You will surely be "missed" here.

To: jack102son who wrote (110814)	4/20/2010 2:02:03 PM
From: mishedlo	12 Recommendations Respond to of 116555

Well Goodbye But to answer a couple of questions. How is SITKA doing? Is is still short? How much money do they have under management and what are the returns? Sitka Pacific philosophy is to not go net short. Our most bearish stance is market neutral. How are we doing? Unlike others, we post our returns shortly after the end of the quarter, good bad or indifferent. This is what the industry standard ought to be. The returns are posted publicly had you bothered to look. There is even a link on my blog. Absolute Return: sitkapacific.com The link shows the annualized Rate of Return since inception is 11.4%, a pretty good achievement since we were not net short in 2008. +20.5% in 2009 was not a bad accomplishment either, especially from a value at risk standpoint. Moreover, the fact we do not go net short makes the returns in 2008 all the more remarkable. Hedged Growth did lose money in 2009 but nearly every long-short strategy in the industry did as well. sitkapacific.com The reason is not because we were short, but because stock with the poorest fundamentals, highest debt ratios ect, outperformed for a full year. It happens. Nonetheless Hedged Growth has an annualized rate of return of +6.94% going back nearly 5 years. We do not have first quarter results posted yet for either strategy but will shortly. Those returns are through the end of 4th quarter 2009. I believe changes will be minimal. In regards to assets under management, thanks for asking. We now have $65 million assets under management and growing. I expect to be at $100 million or more within a year, possibly a lot more. 95% of the assets under management are in Absolute Return of Hedged Growth, with far more in the former. By the way, Absolute Return is currently #1 in its class for a three year time frame in the PSN Informais database, a huge database of mutual fund and managed account strategies. Thanks for bringing me business.You probably just did. Now can I ask a question? What kind of fool asks questions like you just did, without knowing the answers, when the answers were readily available, and so easy to get? To answer one more question "did I remember you?" Well to be honest no. Don't flatter yourself. I try and forget clowns and publicity seekers. Mish

To: jack102son who wrote (110814)	4/20/2010 2:35:13 PM
From: NOW	Read Replies (1) \| Respond to of 116555

9 recommendations for that carp?

To: jack102son who wrote (110814)	4/20/2010 3:39:12 PM
From: Haim R. Branisteanu	3 Recommendations Respond to of 116555

Hey Jack102son wonder what are you smoking - it definitely hit you badly - hope you get the proper treatment - I read Mish posts and find them very informative - I do not remember where he posted to go short the market .... and BTW why do you post again? go away please Message 26104549

To: jack102son who wrote (110814)	4/20/2010 3:58:03 PM
From: DebtBomb	Respond to of 116555

Must be a sign. ;-)

To: jack102son who wrote (110814)	4/20/2010 6:10:24 PM
From: Incitatus	Respond to of 116555

This is my last post on this board. Thank you! I am using him for contra indicator for the past year. Personally I don't need to use indicators to predict (postdict?) what happened last year. But I'd love to invest on what happened last year. Can I use your hot tub?

To: jack102son who wrote (110814)	4/20/2010 9:54:58 PM
From: studdog	1 Recommendation Read Replies (2) \| Respond to of 116555

Posts like this are as sure as flowers in May, and turds from the donkeys that eat them.. They generally come after a long trend one way or the other, claim that they called the trend when no one else did, and imply that that trend is going to keep going and if you don't see that then you are a sorry idiot. A rise in these posts seem to presage one last hurrah before the trend changes. Keep an eye out for more.