Week of 1-11-2009

Timing Model = -1.5
20% long, 80% cash

Global allocation of long positions
MSCI EAFE Index 40%
MCCI Emerging Markets Index 10%
Russell 3000 Index - U.S. 50%

Top U.S. Sectors
U.S. Health Care 5.5
U.S. Pharmaceuticals 4.5
U.S. Biotechnology 3.0
U.S. Oil & Gas 2.5
U.S. Consumer Goods 2.5
Precious Metals 2.0
Composite Internet 2.0
U.S. Telecommunications 2.0

Top Intl. ETFs
MSCI Japan Index Fund 3
MSCI Switzerland Index Fund 2
MSCI Malaysia Index Fund 1
MSCI South Africa Index Fund 1
FTSE/Xinhua China 25 Index Fund 1
S&P Latin America 40 Index Fund 1

Strategy 3
Money Market 50%
U.S. Long Bonds 50%

Strategy 4
U.S. Long Bonds 25%
Agriculture 25%
Precious Metals 25%
U.S. Large Caps 25%

My timing model ticked up a bit as the Value Line Composite index moved above it's 75 day moving average. I'll be curious to see is the market can mount a new rally after last week's backfilling.

Intermediate sentiment is still mixed to mildly bearish. I'm keenly focused on price action at this point.