20090223 Timer Commentary

Well, the market hit new lows, matching levels seen in 1997. Using strict buy-and-hold methods with an index-type product would have produced earnings around zero for the last twelve years. Woo-hoo.

The less-volatile Mountaineer/Orienteer models, have gone to cash positions today. This is the first signal divergence from the Climber/Strider models in about three months.