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Roman Chuyan, CFA
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Roman Chuyan, President Model Capital Management LLC is a tactical investment manager. As opposed to buy-and-hold strategies that follow the market's ups and downs, tactical management adjusts the asset mix in order to reduce the market downside, but to participate in the upside. Model Capital... More
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Model Capital Management LLC
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MCM's Updates
  • More Downside Expected For U.S. Equities 0 comments
    Apr 10, 2012 1:22 PM | about stocks: SPY, DIA, QQQ

    The S&P 500 (and SPY) is down about 1% today, which brings its decline in April to about 3%. This prompted some observers to call for a rebound, for various reasons. Volatility dominates in the short term, and daily market moves are certainly hard to predict. But over longer term, 3-6 months, we expect the market to go lower.

    With our tactical asset allocation model (PAR model), we focus on mid-term, 6-month horizon. On March 31st, the model gave the expected return for the S&P of -5.2% - see the chart below.

    Take a look here at my original post with the March model result.

    Visit us at for more info.

    Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours.

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