Thoughts from the Frontline

Out of Africa

By John Mauldin

February 2, 2001

Why are Bonds so Volatile?
Will Greenspan cut rates again soon?
Out of Africa
Investor Sentiment
And more

The Millennium Wave Sector Model has switched into the Rydex Energy (RYVIX) from the Internet fund (RYIIX). As I predicted, that trade lost money. We are now down 6 out of 7 trades for January alone, when "normal" would only see 2 or 3 trades in a month. This market is too volatile for sector rotation models, but this investment style will have its day before the end of the year. Patience, Dr. Siddique. We will get there.

The Millennium Wave Investor Sentiment Index is a red-hot 84.55, fractionally up from last week, and I wonder how much higher can it go?
The Millennium Wave Sentiment Momentum Index is 47.38, fractionally up with plenty of room to rise
The Millennium Wave Sentiment Percentage Uptrends is 25.40, leaping -soaring- rocketing- up for the fourth straight week!

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Many of you misunderstood me last week. I am starting to…

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