First Blog!

July 25, 2006 This is my very first blog. My name is David Geller and my firm is Geller Capital Management LLC, a registered investment advisory. We manage investment strategies in the stock market based on computer models. It's interesting stuff if you are into investing and it's extremely interesting stuff if you are into making a lot of money on your money. (Not that it's without risk but we have a damn good record.) What I'll write about are thoughts and observations about the markets, my strategies, and things related, but they will invariably include other observations as well.
If you're bullish on the markets, today was an encouraging day. If you're presently skeptical like me, today makes me feel like the winds are shifting on the street. The advance/declines looked good for the second day, volume increased which is really important but was still low. New highs and lows were nearly even which is, in my book, very important. And, most of the gains came late in the day, which I also view positively.
My investment strategy had shifted to a unusually large cash/short term bonds position in May but I am seriously thinking of building back some equity exposure. However, until more factors change, it's still a rally in a bearish market and those are doomed to always fail. Until the final rally of that bear market.
Feel free to contact me directly if you have any questions or thoughts to share. dgeller@gellercapital.com