Thursday, August 6, 2009

1 Yr./3 Yr. Forward Looking Projections/w Timing Signals, August 09

I. Commodities: 1 Yr. 3 Yr. Signal

All Commodities 18.3% 28.1% Bull

Oil 28.7% 45.4% Bull

Natural Gas 55.0% 72.0% Bear

Grains 8.5% 19.9% Bull

Industrial Metals 17.0% 29.0% Bull

Gold -6.5% 2.2% Bull

Silver 2.0% 16.8% Bull
II. Fixed Income



US Treasuries -3.8% 0.0% Bear

Treasury Inflation Protected -0.5% 3.7% Bull

Corporate Preferreds 0.8% 4.9% Bull

Corporate Bonds -1.6% 2.0% Bull

High Yield Corporate Bonds 2.8% 9.1% Bull

Global Bonds -4.7% 4.3% Bull

Emerging Market Bonds -5.0% 6.4% Bull
III. Global Stocks



Global Stocks Ex- US 12.6% 22.8% Bull

Emerging Markets 2.5% 15.5% Bull
IV. US Stocks



All US Stocks 12.4% 20.9% Bull

Dow Jones Industirals 10.5% 18.2% Bull

Dow Jones Transports 13.0% 23.5% Bull

SP 500 12.9% 21.1% Bull

Nasdaq Composite 4.5% 14.3% Bull

Russell 2000 17.5% 27.5% Bull
V. Special Opportunities



US Real Estate 25.7% 41.1% Bull

International Real Estate 30.8% 43.6% Bull