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	<title>JR Snell Capital Management, LLC &#187; Market Comments</title>
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	<link>http://jrscm.com</link>
	<description>Independence. Objectivity. Performance.</description>
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		<title>Macroeconomics and Cheese</title>
		<link>http://jrscm.com/2010/08/26/macroeconomics-and-cheese/</link>
		<comments>http://jrscm.com/2010/08/26/macroeconomics-and-cheese/#comments</comments>
		<pubDate>Thu, 26 Aug 2010 21:41:32 +0000</pubDate>
		<dc:creator>Jeff Snell</dc:creator>
				<category><![CDATA[Web Site Posts and Updates]]></category>
		<category><![CDATA[buy and hope]]></category>
		<category><![CDATA[interest rates]]></category>
		<category><![CDATA[investing strategies]]></category>
		<category><![CDATA[Market Comments]]></category>
		<category><![CDATA[market timing]]></category>
		<category><![CDATA[timing]]></category>
		<category><![CDATA[treasuries]]></category>
		<category><![CDATA[treasury]]></category>

		<guid isPermaLink="false">http://jrscm.com/?p=914</guid>
		<description><![CDATA[For months and months (or maybe even a year) I&#8217;ve been banging on the table about how I expect that a decent portion of account returns for 2010 might just come from long-term (20+ years) government bonds. I anticipate that US Treasury securities will continue to be our baseline method providing the ability to persevere [...]]]></description>
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		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Second Quarter Client Letter</title>
		<link>http://jrscm.com/2010/07/22/second-quarter-client-letter/</link>
		<comments>http://jrscm.com/2010/07/22/second-quarter-client-letter/#comments</comments>
		<pubDate>Thu, 22 Jul 2010 18:50:16 +0000</pubDate>
		<dc:creator>Jeff Snell</dc:creator>
				<category><![CDATA[Web Site Posts and Updates]]></category>
		<category><![CDATA[investing]]></category>
		<category><![CDATA[investing strategies]]></category>
		<category><![CDATA[investments]]></category>
		<category><![CDATA[Market Comments]]></category>
		<category><![CDATA[strategy]]></category>
		<category><![CDATA[timing]]></category>
		<category><![CDATA[treasuries]]></category>

		<guid isPermaLink="false">http://jrscm.com/?p=907</guid>
		<description><![CDATA[I usually write a letter to clients that we include with the quarterly performance reports that all clients receive. I believe, in light of recent market movements that this quarter&#8217;s letter might be of interest to a broader range of folks. Please contact us if you have any questions or you wish to begin our [...]]]></description>
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		<slash:comments>0</slash:comments>
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		<title>Long Term Outlook</title>
		<link>http://jrscm.com/2010/07/06/long-term-outlook/</link>
		<comments>http://jrscm.com/2010/07/06/long-term-outlook/#comments</comments>
		<pubDate>Tue, 06 Jul 2010 19:20:52 +0000</pubDate>
		<dc:creator>Jeff Snell</dc:creator>
				<category><![CDATA[Web Site Posts and Updates]]></category>
		<category><![CDATA[investments]]></category>
		<category><![CDATA[Market Comments]]></category>
		<category><![CDATA[market timing]]></category>
		<category><![CDATA[markets]]></category>
		<category><![CDATA[s&p 500]]></category>
		<category><![CDATA[stocks]]></category>
		<category><![CDATA[strategy]]></category>
		<category><![CDATA[timing]]></category>

		<guid isPermaLink="false">http://jrscm.com/?p=902</guid>
		<description><![CDATA[If you&#8217;ve &#8220;subscribed&#8221; to get web site updates to keep one eye on the market while you do other things&#8230; this post is for you. In my post &#8220;Market Timing for Dummies&#8221; I describe a methodology that I use to help us decide if we want to be generally in, or generally out of stocks. [...]]]></description>
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		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>I Just Need a Little Sand In My Mussel</title>
		<link>http://jrscm.com/2010/05/18/i-just-need-a-little-sand-in-my-mussel/</link>
		<comments>http://jrscm.com/2010/05/18/i-just-need-a-little-sand-in-my-mussel/#comments</comments>
		<pubDate>Tue, 18 May 2010 18:35:27 +0000</pubDate>
		<dc:creator>Jeff Snell</dc:creator>
				<category><![CDATA[Web Site Posts and Updates]]></category>
		<category><![CDATA[Market Comments]]></category>
		<category><![CDATA[s&p 500]]></category>
		<category><![CDATA[safety]]></category>
		<category><![CDATA[stocks]]></category>
		<category><![CDATA[strategy]]></category>

		<guid isPermaLink="false">http://jrscm.com/?p=863</guid>
		<description><![CDATA[For those of you wondering, I&#8217;m still here and still active. There are a few reasons that I haven&#8217;t written a lot here recently and a few reasons why I am ready to be a little more active poster these days. Ahh priorities&#8230; Clients always get first whack at my time. I might be on the [...]]]></description>
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		<slash:comments>0</slash:comments>
		</item>
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		<title>Picking at Your Turkey</title>
		<link>http://jrscm.com/2009/11/23/picking-at-your-turkey/</link>
		<comments>http://jrscm.com/2009/11/23/picking-at-your-turkey/#comments</comments>
		<pubDate>Mon, 23 Nov 2009 21:09:03 +0000</pubDate>
		<dc:creator>Jeff Snell</dc:creator>
				<category><![CDATA[Web Site Posts and Updates]]></category>
		<category><![CDATA[buy and hope]]></category>
		<category><![CDATA[deflation]]></category>
		<category><![CDATA[fed]]></category>
		<category><![CDATA[interest rates]]></category>
		<category><![CDATA[investing]]></category>
		<category><![CDATA[investing strategies]]></category>
		<category><![CDATA[investments]]></category>
		<category><![CDATA[Market Comments]]></category>
		<category><![CDATA[safety]]></category>
		<category><![CDATA[strategy]]></category>
		<category><![CDATA[timing]]></category>
		<category><![CDATA[treasuries]]></category>
		<category><![CDATA[treasury]]></category>

		<guid isPermaLink="false">http://jrscm.com/?p=609</guid>
		<description><![CDATA[Looking back over the last couple of months worth of posts, I&#8217;m thinking that it might appear that I&#8217;m a little opaque as to what areas of what markets you should be focusing on. I&#8217;m not, so I&#8217;ll clear things up before I go AWOL for the week. First, understand that anything can happen over the [...]]]></description>
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		<slash:comments>0</slash:comments>
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		<title>I Was Wrong</title>
		<link>http://jrscm.com/2009/10/30/i-was-wrong/</link>
		<comments>http://jrscm.com/2009/10/30/i-was-wrong/#comments</comments>
		<pubDate>Fri, 30 Oct 2009 07:01:38 +0000</pubDate>
		<dc:creator>Jeff Snell</dc:creator>
				<category><![CDATA[Web Site Posts and Updates]]></category>
		<category><![CDATA[bailout]]></category>
		<category><![CDATA[credit crisis]]></category>
		<category><![CDATA[fed]]></category>
		<category><![CDATA[investing strategies]]></category>
		<category><![CDATA[Market Comments]]></category>
		<category><![CDATA[markets]]></category>
		<category><![CDATA[treasuries]]></category>
		<category><![CDATA[treasury]]></category>

		<guid isPermaLink="false">http://jrscm.com/?p=516</guid>
		<description><![CDATA[I was just reviewing and reorganizing my &#8220;&#8230;for further study&#8221; page and I tripped upon this quote. I had to post it again because I am still baffled and befuddled by what this means. Maybe what it means is what he says? Is it even reasonable to postulate that our current economic conundrum is the simple result [...]]]></description>
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		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Utility Stocks: Ain&#8217;t Misbehavin&#8217;?</title>
		<link>http://jrscm.com/2009/10/19/utility-stocks-aint-misbehavin/</link>
		<comments>http://jrscm.com/2009/10/19/utility-stocks-aint-misbehavin/#comments</comments>
		<pubDate>Mon, 19 Oct 2009 19:49:35 +0000</pubDate>
		<dc:creator>Jeff Snell</dc:creator>
				<category><![CDATA[Web Site Posts and Updates]]></category>
		<category><![CDATA[deflation]]></category>
		<category><![CDATA[interest rates]]></category>
		<category><![CDATA[investments]]></category>
		<category><![CDATA[Market Comments]]></category>
		<category><![CDATA[s&p 500]]></category>
		<category><![CDATA[safety]]></category>
		<category><![CDATA[strategy]]></category>

		<guid isPermaLink="false">http://jrscm.com/?p=443</guid>
		<description><![CDATA[Utility Stocks (as a group) have forsaken me this year by advancing only about one-fifth of the amount of the S&#38;P 500&#8230; which can act as a real short-term boat anchor in your portfolio if you own any quantity at all. Yet, my passion for the sometimes stodgy &#8220;dividend machines&#8221; still burns hot. Why?  First, there&#8217;s the cash [...]]]></description>
		<wfw:commentRss>http://jrscm.com/2009/10/19/utility-stocks-aint-misbehavin/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Did You Hear That?</title>
		<link>http://jrscm.com/2009/08/14/did-you-hear-that/</link>
		<comments>http://jrscm.com/2009/08/14/did-you-hear-that/#comments</comments>
		<pubDate>Fri, 14 Aug 2009 22:11:28 +0000</pubDate>
		<dc:creator>Jeff Snell</dc:creator>
				<category><![CDATA[Web Site Posts and Updates]]></category>
		<category><![CDATA[investing]]></category>
		<category><![CDATA[investing strategies]]></category>
		<category><![CDATA[Market Comments]]></category>
		<category><![CDATA[market timing]]></category>
		<category><![CDATA[stocks]]></category>

		<guid isPermaLink="false">http://jrscm.com/?p=402</guid>
		<description><![CDATA[Remember when I wrote the &#8220;Market Timing for Dummies&#8221; thing? It was in December of 2008 and my little chart that I showed in the post indicated that, at that point we&#8217;d been out of the market for a year and we might be out of it a while longer too. We&#8217;ll, we&#8217;ve been out [...]]]></description>
		<wfw:commentRss>http://jrscm.com/2009/08/14/did-you-hear-that/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Yes We Can!</title>
		<link>http://jrscm.com/2009/02/25/yes-we-can/</link>
		<comments>http://jrscm.com/2009/02/25/yes-we-can/#comments</comments>
		<pubDate>Wed, 25 Feb 2009 17:31:24 +0000</pubDate>
		<dc:creator>Jeff Snell</dc:creator>
				<category><![CDATA[Web Site Posts and Updates]]></category>
		<category><![CDATA[bailout]]></category>
		<category><![CDATA[credit crisis]]></category>
		<category><![CDATA[humor]]></category>
		<category><![CDATA[Market Comments]]></category>
		<category><![CDATA[rescue]]></category>

		<guid isPermaLink="false">http://tradersdepot.com/?p=257</guid>
		<description><![CDATA[In the last two paragraphs of my last post, I chastised &#8220;The Great Orator&#8221; (BHO) for being so down in the dumps and putting forth what I feel was an excessively pessimistic view as a part of an agenda to get his stimulus package passed. This past weekend I was sitting with my Grandson, eating [...]]]></description>
		<wfw:commentRss>http://jrscm.com/2009/02/25/yes-we-can/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Don&#8217;t Confuse Reality With The Stock Market</title>
		<link>http://jrscm.com/2008/12/10/dont-confuse-reality-with-the-stock-market/</link>
		<comments>http://jrscm.com/2008/12/10/dont-confuse-reality-with-the-stock-market/#comments</comments>
		<pubDate>Wed, 10 Dec 2008 15:30:19 +0000</pubDate>
		<dc:creator>Jeff Snell</dc:creator>
				<category><![CDATA[Web Site Posts and Updates]]></category>
		<category><![CDATA[Market Comments]]></category>
		<category><![CDATA[stocks]]></category>
		<category><![CDATA[timing]]></category>

		<guid isPermaLink="false">http://tradersdepot.com/?p=47</guid>
		<description><![CDATA[A little followup on my post from 2 days ago. The situation with my expectation of a Bear Market Rally (BMR) has not changed. As in, I still expect that we are setting up for the possibility for a BMR. My language regarding my expectations has not changed and I continue to couch my posts [...]]]></description>
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		<slash:comments>0</slash:comments>
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