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The bear eluded in 2000
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The bear eluded in 2000
The date October 13, 2000 will forever be embedded in my Mind. It was the day after our mutual fund trend tracking Indicator had broken its long-term trend line and I sold 100% of my clients’ invested positions (and my own) and Moved the proceeds to the safety of money market Accounts. Some people thought we were nuts, but I had Come to trust the numbers. The shake out in the stock market, which started in April 2000, had all major indexes coming off their highs, Violently followed by just as
Cannabis Science to investigate “apparently fraudulent activities” by ex-CEO
Cannabis Science, the San Francisco company dedicated to developing medicines derived from marijuana, filled in a bit more detail on why it fired former Chief Executive Steve Kubby last week in a filing today with the SEC . The company has authorized an internal investigation and “review by counsel” of Kubby’s “apparently fraudulent activities using the position he held as President & CEO as his authority to carry out these activities that damaged the Company and its shareholder value.”
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