page. Please read carefully.
Informal... A right-brained visual learner with a
geek's interest in charts and human psychology.
What Makes Us Who We Are
owned and operated a progressive medical component manufacturing
years, keeping the
company's fundamentals in alignment with global economic
realities through various economic cycles. The natural
progression from this experience is an
understanding of and appreciation for global macro-economics as it
relates to individual markets and sectors.
Along the way, an almost
geek-like interest in technical analysis (TA), a long-time interest in
human psychology and various unique macro market ratio indicators were
to the mix, with the
result being a financial market newsletter, Notes From the Rabbit Hole (NFTRH)
that combines these attributes to provide a service that is engaged and
successful in all market environments.
Year by Year
To put it
succinctly, 2011 was a year in which a lot of work was done for
literally no return in the speculative portfolio. It was a year
that featured risk management as 'job 1' and thus a break even year
makes sense. Sometimes this is the hand that the market deals,
and we must go by what the market thinks, not what we may think.
The capital preservation portfolio did just that, and put on a few
percentage points in gains to boot.
newsletter continued its growth and the writer continued to focus his
understanding of just whom the letter speaks to. The NFTRH
subscriber base is populated by investment professionals from firm
owners/partners to traders to financial advisers, and individual
investors who's primary goal is to manage risk as appropriate and
capitalize as appropriate. A common theme appears to be
objectivity and a more mature view of the markets than the usual stock
picks and 'bull' or 'bear' dogma. This lets the writer know he is
well on the right course.
all, a highly successful year in all areas but percentage return which,
given the broad market's performance, was quite acceptable. We
move forward with optimism and confidence about the future.
As of the end of August, our self-imposed +5%,
-5% portfolio trading range has been broken to the upside. All
portfolios are at all-time highs and when accounting for the crash of
2008, that is an accomplishment. Why are they at all time
highs? Simple, we follow our own analysis in using what could be
called 'forensic' indicators like market ratios, to get hints before
the herd. This is what market management is all about. This
space looks forward to updating the final results come end of year,
because right now as the summer ends, things are getting very
interesting and today's decisions stand to be rewarded handsomely or
punished severely going forward. The MACRO is changing.
We end a successful 2010 with a
42.5% gain in the NFTRH speculative portfolio. This brings the
gain from baseline (9/28/08) to 151%.
We are pleased to welcome
technical analyst Carl Swenlin and fundamental analyst Mike
Shedlock to the list of contributors to Biiwii.com's News & Analysis.
The 6 month mark of 2009 finds
our portfolios not only fully recovered from what we dubbed 'Armageddon
08', but into new high territory. A historic market crash
has now been surmounted and we are well into risk management mode,
while looking for future opportunities.
The 6 month mark also sees our
From the Rabbit Hole (NFTRH) gaining momentum and increasing its
subscriber base steadily. This is no accident. The letter
is improving by leaps and bounds and the feedback from
subscribers has been great.
The NFTRH 'Speculation'
Portfolio finishes +63% for 2009, with the 'Capital Preservation'
Portfolio +21%. A very good year, in many ways. While the
predictable rally off of 'Armageddon 08' goes on longer than we
expected, the gold stocks - our most fundamentally bullish sector -
performed like champs and we pretty much caught all the corrections and
rallies in '09.
It is a pleasure to welcome our friend 'Otto
Rock' of the Inca Kola News
who in real life is a Latin American equities analyst living in and
observing this important market. We also welcome John Browne,
Senior Market Strategist for Euro Pacific Capital. We are trying to bring
you the views of people whose main goal is to get it right, not just
sell you something.
We take 1st place
in the SINLetter stock contest of "top financial bloggers" with a Q1
gain of 21.52% which is no small feat considering the err, problematic
markets during this period. We were the only entry to register a
profit and that is not luck; that is what technical analysis can do for
After years of consideration, we have finally
decided to go with our passion and launch the weekly newsletter, Notes From the Rabbit
Hole (NFTRH) in September, 2008. The timing could have been
better, as the launch coincided with one of the greatest financial
crashes in history. We consider this a plus in the long run
because it is easy to be right in a bull market but you make your bones
in all markets.
We end 2008 with our
speculative and capital preservation portfolios both back above NFTRH
baseline (from September, 2008) and down for the year 22% and 8%
respectively. The partial recovery is due to the fact that we
were doing what we were supposed to do in the height of panic; keeping
cool and buying quality gold stocks at ridiculously low prices.
We are pleased to be "Seeking Alpha Certified",
Our work has been picked up by
a very discriminating investment website called Best Way To Invest (bestwaytoinvest.com).
We wrap up
another challenging year (it is never easy, is it?) with an 11.3%
gain in the actively managed account. 2007 saw us continue to
tone down our own opinion making while adding several analysts we
respect to our 'guest commentary' roster. Analysts like Peter Schiff, Steve Saville,
Clif Droke and
others. We are also pleased to present the sobering views of Michael Panzner from
the financial-economic side and the colorful James Howard Kunstler
from the socio-economic side. Biiwii.com continues to be a
website that brings you only what we consider to be content of the
highest quality, regardless of whether it is positive, negative,
bullish or bearish... Separately, we have learned that the name of our
website, 'But it is what it is'
We are pleased to have our work
presented by Bull!
bull! and even more pleased to present proprietor M.A.
Nystrom's work on our site.
Golden Opportunity on the Horizon? was quoted by none
other than the Mogambo Guru, AKA Richard Daughty.
And so, we move on. Our
widely published commentary will be less frequent going forward.
We have endeavored to write the truth as we see it regarding the
precarious nature of a debt-for-consumption based economy and the
dangers therein. The question then becomes how do you keep
writing about simple truths without falling into self-parody?
Answer: You don't. The fact that you don't get something for
nothing is all one needs to know. From here on, we analyze macro
markets and asset classes we consider vital and productive.
Alpha has entered into an agreement with Yahoo! Finance
whereby SA editorial contributors are highlighted in the 'Financial
We are pleased to have our work presented by Silverstrategies.com.
Trading and investment website WallStreetWindow.com
begins publishing our commentary and analysis.
We close out 2006 on an up note
with the high quality, information packed gold market website Goldseek.com publishing our analysis.
Our "Actively Managed" Portfolio ends 2006 at
+28.3% after a challenging, yet ultimately successful year.
Invest Informant, a Berlin, Germany based financial site, has
joined the list of sites now directly publishing our commentary.
Another respected analyst, Rick Ackerman,
highlights our views on deflation (made via email response to a thought
provoking article by Rick) on his website.
Market News Network begins publishing our commentary.
joins the list of sites that regularly publish our work.
Biiwii.com is born in June, 2004 and
puts out its first commentary, FrankenMarket Lives!
Our commentary is published directly
by Financial Sense, Safe Haven, 321Gold, & Gold Eagle and reproduced by
many other global sources.
'Now I get it!'
presented in its entirety by Richard Russell in his Dow Theory Letters
newsletter (ed: unfortunately, without proper attribution to this
website) and quoted by The
Daily Reckoning in Who Wants
to be a Jillionaire?
Received some nice, positive feedback
from members of the financial and academic communities. This is
the kind of thing that keeps us keepin' on here at biiwii.
Finally, we have received thoughtful
email from around the world. Different perspectives keep us from
operating in a vacuum.
Biiwii.com does not recommend that any trading
or investment positions be taken based on views expressed on this site.
If you speculate or invest it is suggested that you consult a financial
advisor qualified in your area of interest.
Under this Agreement, Gary
Tanashian (owner) of Biiwii.com provides financial information and
opinions. By visiting this website or by communicating with its owner
verbally, through email or on the blog, or by
subscribing to the NFTRH newsletter, you agree to be bound by this
Agreement. For the purposes of this Agreement, "Biiwii.com" means the
website, all of its content, the Notes From the Rabbit
Holes (NFTRH) newsletter and associated email updates, the blog and
the site owner.
no event will Biiwii.com or
its owner be liable for any decision made or action taken by you based
upon the information and/or opinion provided in NFTRH.
NFTRH is a subscription
service and as a subscriber you agree not to forward or redistribute
any of its content without prior written permission of its publisher,
NFTRH subscriptions are
available on a monthly renewable basis to give subscribers the option
of cancellation each month. Yearly subscription is also available
and is not refundable, in full or in part. We offer sample NFTRH
issues, which allow a prospective subscriber to get to know our work in
NFTRH. If, after such review you are unsure about a yearly
commitment, but would still like to subscribe, we encourage the use of
the monthly option. Please review complete Subscriber Agreement.
The monthly fee of $29 and
annual fee of $310.00 are
for a single user subscription to NFTRH. If you represent a
corporate or institutional entity, please use the 'multi' user option
for up to 5 users.
party. Any market analysis on Biiwii.com constitutes an
opinion and may not be correct.
Opinions and information
comprising Biiwii.com are provided without warranty. In no event will
Biiwii.com be liable for any decision made or action taken by you based
upon information or opinions presented by Biiwii.com. Any
opinions expressed herein are subject to change without notice.
In addition, there are many market, currency, economic, political,
business, technological and other risks that are beyond our control.
Securities trading may not
be suitable for all users of Biiwii.com. You should be aware of the
risks inherent in the stock and asset markets. Past performance does
not guarantee future success. You cannot assume that profits or gains
will be realized or that any recommendation or opinion presented by
Biiwii.com will be profitable. Your personal due diligence is necessary
for all investment and trading decisions you make.
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