cowboy dickrdoo

July's Rational Exuberance Updated: European Vacation

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I outlined my strategies in my original post. This is just a monthly size and style allocation update. Even though I careless if no one follows my recommendations I know a lot people do and changes need to be made this month. I got my overall monthly numbers but did not get my more detailed quarterly numbers but those are going to change my opinion that it's time to get 40% of your monies outside of US market which is easier said than done.

One of the problems I have is picking foreign stocks. ADRs aren't always representative of a foreign stock because they perform like their domestic market counterparts. Finding all the evaluating criteria is more difficult consequently copping out with ETFs is easier.
Buys:

Foreign (EFA)
PEx(10yr-.0048)=0.97
Present PE: 14.08
Average PE: 19.73 (5.34% 10yr Bond)
Allocation: 29% to 39%

SP500 Growth (IVW)
Avg. PEx(10yr-.0048)=1.35
Present PE: 18.87
Average PE: 27.54 (5.34% 10yr Bond)
Allocation: 21% to 29%

SP400 Growth (IJK)
Avg. PEx(10yr-.0048)=1.28
Present PE: 21.57
Average PE: 25.97 (5.34% 10yr Bond)
Allocation: 28% to 26%

SP600 Growth (IJT)
PEx(10yr-.0048)=1.18
Present PE: 23.09
Average PE: 23.95 (5.34% 10yr Bond)
Allocation: 13% to 4%

Emerging (EEM)
PEx(10yr-.0048)=0.76
Present PE: 15.85
Average PE: 15.48 (5.34% 10yr Bond)
Allocation: 9% to 2%

Sells:

SP500 Value ( IVE)
Avg. PEx(10yr-.0048)=0.84
Present PE: 23.01
Average PE: 17.07 (5.34% 10yr Bond)
Allocation: 0%

SP400 Value (IJJ)
PEx(10yr-.0048)=0.79
Present PE: 20.06
Average PE: 16.17 (5.34% 10yr Bond)
Allocation: 0.0%

SP600 Value(IJS)
PEx(10yr-.0048)=0.78
Present PE: 25.53
Average PE: 15.82 (5.34% 10yr Bond)
Allocation: 0.0%

I have to buy more foreign stocks. The cop out ETFs are easy: EFA,PDN,PEH,EEM. The other foreign stocks I'm eyeballing are TEO,TNE,TSM,AGU,BAP

Yours Truly,
Cowboy Dickrdoo