My Very First Post for Ellicott City Patch

I am going to be blogging mainly about financial matters. I have been in the financial business for over 20 years and have seen it all.

I am going to give my own opinions of what I am doing for my clients as well as posting links to finacial articles that I find interesting and hopefully you will also.

I rely on relative strength for most of my decesions. I compare the relative strength of stocks ,bonds, and cash and whichever is strongest I allocate the most money.

Since August 4th I've been about 75 percent in cash. The S&P at that time was 1200.07 it closed at 1160.40 today.

My main objective and what I've learned over these many years is that capital preservation has to be your main focus. That is why I am a huge follower of relative strength and trend following. When the trend is up we participate, when the trend is down we step aside. 

Currently the trend is down when the trend changes we change.

I don't make predictions of where I think the market is going I just follow the trend.