Saul Sterman

David Fry's Market Outlook for Friday

David,

Would you be kind enough to run a comparison and see if the average all ETF portfolio that you manage has faired better / equal to / worse than the S&P 500? I suspect that a fully diversified ETF portfolio has not provided any noticeable benefit in the current correction.

See usmarket.seekingalpha....

Then again, I am always willing to learn something new. Keep up the good work; enjoy your articles and insight.

Thanks
Saul Sterman
CrossProfit
www.crossprofit.com

Disclosure (SA requirements): For the two main portfolios managed by CrossProfit, as of 03/07/2007 portfolio A is 100% cash and portfolio B is 80% short + 20% cash. This is the first time in years that any portfolio has exceeded 60% short and even more years back where a portfolio is short with no longs. As previously disclosed on 2/22/2007 portfolio A was 70+% cash and 30-% long and portfolio B was 50/50 long/short.