August 2011 COP Report                                                   9/11/2011

Investment Gang

The dreary outlook provided in the last several reports has just continued to get worse.  There are even fewer asset classes that managed to have momentum measurements above zero and in the more risky sub classes there are none.  Even Japan dropped to 28^th.

I have managed to make some money with Gold, Long Government Bonds and High Yield Muni funds as the report has suggested for the last several months, but other “experiments” did not work out, so I am just flat on the year to date.  None the less, I am very happy for the COP Strategy to have provided me with something that did this well in what has been a terrible experience for some of my friends who follow their brokers.  This momentum strategy is still working and is doing even better than I would have expected in such choppy times.  In addition, I still do not know of anything else that works.

Best, Mal