Subscriber GFBP Update

Risk vs Opportunity its all up to you

We put out a letter earlier that is must read for all of Magnelibra’s econemotion base and here we wanted to update you on our Settlements for the markets we cover and our slight change to the tracker on Friday. As we have noted we are trying to be patient in the majority of our markets, but this week will make it tough as we do expect some resounding answers to be had given the overall tone and direction for the next few weeks.

We feel a lot of the markets are at trend tipping points and a few need confirmation of such reversals. We are targeting the volatility in the equities and this week should enhance our viewpoints just a bit further. We are leaning against the QE led Tech rally a bit for the other broader indexes however the GFBP continues to maintain a Hedged Long status, but barely and the equity closes on Friday are leaning the model toward a short bias, but our other markets have not yet confirmed that.

OK, as far as Settlements for Friday July 24th:

Equities continue on the…