If I take all the noise that is in my head and try to organize it into some intelligible thought regarding the direction of the market over the next six months, the output would look like a line graph that zigzags up and to the right starting at the beginning of June. (It's already ziggin a little). That's right, Sigmund is bullish for the remainder of the year with the right to change my mind at any time as new noise is acquired.
The MensaMonkey isn't on board with my bullish outlook, yet. The Monkey de la Mensa is enjoying a little XLU safe haven for now after a better than mediocre first half of the year, and a respectable three year backtest. There's that dirty little eight-letter word again.
The three and a half year charts include mostly backtested (2009-2011) results, and actual real-time 2012 results through June. I'm showing this two ways. The chart at the top is the monkey-may-care, end justifies the means chart that only shows the final result after each year. The lower chart shows a more realistic day-by-day view for those who watch the market way too often, and want to feel the pain of deeper than expected drawdowns.
I'll post the year-by-year individual charts to get a better look over the next few days.
