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<title><![CDATA[Canterbury Investment Management]]></title>
<link>http://<![CDATA[www.canterburygroup.com]]></link>
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<title><![CDATA[Why Does the Market Keep Going Up in the Face of Bad News?]]></title>
<link>http://www.canterburygroup.com/Canterbury-Investment-Managemen_Why-Does-the-Market-Keep-Going-.blog</link>
<description><![CDATA[Canterbury Portfolio Thermostat - Weekly Update - 5/20/2013 Market State 1 = Bullish/Rational - Typical risk, when in MS 1, is -2 to -4%. Canterbury Volatility Index (CVI) = 59 - The CVI is down 5 points from the high at 64. A declining CVI indicates a re...]]></description>
<author><![CDATA[Tom  Hardin]]></author>
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<title><![CDATA[Volatility Remains Low as Market Leadership Shifts]]></title>
<link>http://www.canterburygroup.com/Canterbury-Investment-Managemen_Volatility-Remains-Low-as-Marke.blog</link>
<description><![CDATA[Canterbury Portfolio Thermostat - Weekly Update - 5/13/2013 Market State 1 = Bullish/Rational - Typical (MS 1) risk is -2 to -4%. Canterbury Volatility Index (CVI) = 59 - The CVI is down 5 points from the high at 64. A declining CVI indicates a reduction ...]]></description>
<author><![CDATA[Tom  Hardin]]></author>
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<title><![CDATA[Bull Market is Alive and Well]]></title>
<link>http://www.canterburygroup.com/Canterbury-Investment-Managemen_e1819bbceba342a285681d7d3d8ed529.blog</link>
<description><![CDATA[The Canterbury Portfolio Thermostat-Weekly Update 5/6/13Current Market Environment=Market State 1-Bullish/Low riskCanterbury Volatility Index (CVI)=62: CVI reading below 75 reflects a rational/low risk market. The primary purpose of diversification is to ...]]></description>
<author><![CDATA[Tom  Hardin]]></author>
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<title><![CDATA[Volatility is Low and Dividends are High]]></title>
<link>http://www.canterburygroup.com/Canterbury-Investment-Managemen_Volatility-is-Low-and-Dividends.blog</link>
<description><![CDATA[Canterbury Portfolio Thermostat  Weekly Update 4/29/13 Canterbury Volatility Index (CVI) = 62)  Rational/Normal Volatility Market State 2- (last 9 days) Bullish/Normal Consolidation Volatility is low and declining - Low risk period  Bullish The primary...]]></description>
<author><![CDATA[Tom  Hardin]]></author>
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<title><![CDATA[Dividend Stocks Hitting New Highs- Gold Plunges -13%]]></title>
<link>http://www.canterburygroup.com/Canterbury-Investment-Managemen_Market-State-2-.blog</link>
<description><![CDATA[4/22/2013 Market State 2 (short term consolidation within a long and intermediate term Bull market) Canterbury Volatility index (CVI) = 64 (up 13 points from the low. CVI has been stable for the last 3 days.) CVI Volatility Indicators = Bullish US stock m...]]></description>
<author><![CDATA[Tom  Hardin]]></author>
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<title><![CDATA[S&P 500 Registers Another New High]]></title>
<link>http://www.canterburygroup.com/Canterbury-Investment-Managemen_SP-500-Registers-Another-New-Hi.blog</link>
<description><![CDATA[Market State 1- Bullish Stock MarketCanterbury Volatility Index (CVI) = 52 - Lowest Volatility in 6 years (Bullish) S&amp;P 500 Stocks = 39% oversold (Bullish side of neutral) The S&amp;P 500 closed up 2.29% last week. A new all time high was put in on Th...]]></description>
<author><![CDATA[Tom  Hardin]]></author>
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<title><![CDATA[Portfolio Thermostat shows declining volatility]]></title>
<link>http://www.canterburygroup.com/Canterbury-Investment-Managemen_Portfolio-Thermostat-shows-decl.blog</link>
<description><![CDATA[Market State 1 (Bullish Rational) Total days in Market State = 1 day Canterbury Volatility Index (CVI) = 59 (Lowest CVI for current cycle) Yesterday, the Portfolio Thermostat shifted to Market State 1 from Market State 2. Typical characteristics, duri...]]></description>
<author><![CDATA[Tom  Hardin]]></author>
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<title><![CDATA[Who is Afraid of the Fiscal Cliff? We Are!]]></title>
<link>http://www.canterburygroup.com/Canterbury-Investment-Managemen_Who-is-Afraid-of-the-Fiscal-Cli.blog</link>
<description><![CDATA[The election is over, so now the news had been dominated by the upcoming fiscal cliff. I have found that most people dont understand exactly what the fiscal cliff is or why we should be afraid. The word cliff can definitely produce fear and emotion...]]></description>
<author><![CDATA[Tom  Hardin]]></author>
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<title><![CDATA[Awakening the Sleeping Volatility Giant]]></title>
<link>http://www.canterburygroup.com/Canterbury-Investment-Managemen_Awakening-the-Sleeping-Volatili.blog</link>
<description><![CDATA[Sorry for the absence in writing the blog. I have invested the last four or five months, of writing time to my new Position/White Paper. The report describes our Canterbury Portfolio Thermostat process and is titled: Revolutionary Advancements in Risk and...]]></description>
<author><![CDATA[Kim Custer]]></author>
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<title><![CDATA[The Magic of Compounded Returns]]></title>
<link>http://www.canterburygroup.com/Canterbury-Investment-Managemen_The-Majic-of-Compounded-Returns.blog</link>
<description><![CDATA[Current Market State 6 = Long term Bullish; Volatile; Short term negative but oversold (oversold means rebounds are likely) The markets have had many irrational fluctuations, within a trading range, as a result of the unpredictable daily news from the Eur...]]></description>
<author><![CDATA[Tom  Hardin]]></author>
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<title><![CDATA[How to Manage Changing Market Environments]]></title>
<link>http://www.canterburygroup.com/Canterbury-Investment-Managemen_How-to-Manage-Changing-Market-E.blog</link>
<description><![CDATA[6/11/12 - Current Market State 12 (Bearish) Days in current Market State = 5 Days Canterbury Volatility Index (CVI) = 77 (the CVI has increased 17% in 9 days) The Portfolio Thermostat Matrix shifted to an irrational Bearish Market State on June 1st. The...]]></description>
<author><![CDATA[Tom  Hardin]]></author>
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<title><![CDATA[New Risk Management Tools Make Possible to Benefit from both Bull and Bear Markets]]></title>
<link>http://www.canterburygroup.com/Canterbury-Investment-Managemen_New-Risk-Management-Tools-Make-.blog</link>
<description><![CDATA[History has shown that financial markets are stable and rational most of the time. That said there are periods when markets become emotional. We are now in one of those emotional periods. Our Portfolio Thermostat shifted to (Bearish) Market State 12, from...]]></description>
<author><![CDATA[Tom  Hardin]]></author>
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<title><![CDATA[Unacceptable Portfolio Declines can Destroy the Benefit of Long Term Compounded Returns]]></title>
<link>http://www.canterburygroup.com/Canterbury-Investment-Managemen_Unacceptable-Portfolio-Declines.blog</link>
<description><![CDATA[Recap: On May 1st, the S&P 500 closed at 1406, which was the high for the month. Our Portfolio Thermostat Matrix was in Market State 1 - Bullish and our Canterbury Volatility Index (CVI) was at 69. The CVI at 69 was 2 points from its lowest level since Ju...]]></description>
<author><![CDATA[Tom  Hardin]]></author>
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<title><![CDATA[Markets Quickly Discount Events]]></title>
<link>http://www.canterburygroup.com/Canterbury-Investment-Managemen_9b4e4454c6c82859bb4b2f01b68a767a.blog</link>
<description><![CDATA[Current Market State 2 - 13 days and counting Canterbury Volatility Index (CVI) = 69 (up 3 points from low)  Rational Portfolio Thermostat Matrix: Market State 2  Characteristics Market State 2: Occurs during a long term Bull Market; Day-to-day volatili...]]></description>
<author><![CDATA[Tom  Hardin]]></author>
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<title><![CDATA[Wall Street Still Can't Manage Risk]]></title>
<link>http://www.canterburygroup.com/Canterbury-Investment-Managemen_Wall-Street-Still-Cant-Manage-R.blog</link>
<description><![CDATA[J.P. Morgan- Suffers $2 Billion Trading Blunder Bank Admits Losses on Massive Trading Bet Gone Wrong: ABC NewsWhat Happened?? Jamie Dimon - Well, there was some stuff in the newspaper and then some other stuff.MF Global: How Not to Manage Risk: AP 9/...]]></description>
<author><![CDATA[Tom  Hardin]]></author>
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<title><![CDATA[Bull Markets Crawl a Wall of Worry]]></title>
<link>http://www.canterburygroup.com/Canterbury-Investment-Managemen_Bull-Markets-Crawl-a-Wall-of-Wo.blog</link>
<description><![CDATA[Headline: The market just experienced the biggest weekly loss of the year. Headline: Lousy jobs report sends stocks lower  April 9, 2012. Stocks end worst week of 2012  April 13, 2012. The commentators on CNBC are always emotional and have shifted from ...]]></description>
<author><![CDATA[Tom  Hardin]]></author>
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<title><![CDATA[Wall Street's new term; Risk On/Risk Off]]></title>
<link>http://www.canterburygroup.com/Canterbury-Investment-Managemen_Wall-Streets-new-term-RiskOnRis.blog</link>
<description><![CDATA[Say what you will about Wall Streets business practices, but we have to admit that they are creative. Wall Street is known for inventing new and sometimes exotic products. They are also good at coining terms to help describe the current market environmen...]]></description>
<author><![CDATA[Tom  Hardin]]></author>
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<title><![CDATA[Volatile Portfolios Result From Ineffective Diversification]]></title>
<link>http://www.canterburygroup.com/Canterbury-Investment-Managemen_Volatile-Portfolios-Result-From.blog</link>
<description><![CDATA[The markets movements are driven by the irrefutable law of supply and demand. The law of supply and demand is driven by the actions of buyers and sellers. Investors vacillate between two extremes: the rational intelligence of crowds and the irrational ma...]]></description>
<author><![CDATA[Tom  Hardin]]></author>
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<title><![CDATA[Whipsaws]]></title>
<link>http://www.canterburygroup.com/Canterbury-Investment-Managemen_Whipsaws.blog</link>
<description><![CDATA[What a difference a week makes. On the day of my last blog, Tuesday 11/24, the S&amp;P 500 registered a short term bottom at 1158.65. The market had declined -9.84% in just 19 days. This is a paragraph from my last blog: Currently the market is oversold, ...]]></description>
<author><![CDATA[Tom  Hardin]]></author>
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<title><![CDATA[Happy Thanksgiving! ]]></title>
<link>http://www.canterburygroup.com/Canterbury-Investment-Managemen_Happy-Thanksgiving-I-awoke-this.blog</link>
<description><![CDATA[The Bear market continues. The S&P 500 has declined -9.55% from 10/27 through 11/23 (19 days). The recent decline has had very little, if any, effect on our portfolios.Our Canterbury Portfolio Thermostat Matrix, shifted to Bearish (Market State 12*) on 8...]]></description>
<author><![CDATA[Tom  Hardin]]></author>
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<title><![CDATA[“It ain’t over until it’s over.” Yogi Berra]]></title>
<link>http://www.canterburygroup.com/Canterbury-Investment-Managemen_It-aint-over-until-its-over-Yog.blog</link>
<description><![CDATA[Believe it or not, markets spend most of the time in rational and stable environments as opposed to the post 8/4/11 irrational period. There are always a few abnormal days, in a normal market environment. The Dow Jones Industrial Average may experience a ...]]></description>
<author><![CDATA[Tom  Hardin]]></author>
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<title><![CDATA[Volatility-You Can Observe a lot by Watching- Yogi Berra ]]></title>
<link>http://www.canterburygroup.com/Canterbury-Investment-Managemen_VolatilityYou-Can-Observe-a-lot.blog</link>
<description><![CDATA[Picture yourself, standing in front of an elevator, on the 30th floor, in a 60 story building. There is a sign on the door that says, "This elevator is VOLATILE and will surge up and plunge down at any time." "Enter at your own risk." Would you get on? Ma...]]></description>
<author><![CDATA[Tom  Hardin]]></author>
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<title><![CDATA[Volatile Markets Can Make You Crazy]]></title>
<link>http://www.canterburygroup.com/Canterbury-Investment-Managemen_Volatile-Markets-Can-Make-You-C.blog</link>
<description><![CDATA[What does the current volatile market have in common with a dog chasing its own tail? Both are irrational and both can eventually make you&nbsp;crazy unless you change your perception.&nbsp; It is hard to feel good, during volatile markets, even if you ha...]]></description>
<author><![CDATA[Tom  Hardin]]></author>
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<title><![CDATA[A Scientific Approach to Investing: The Canterbury Portfolio Thermostat Matrix has changed from Bullish to Bearish on 8/4/11]]></title>
<link>http://www.canterburygroup.com/Canterbury-Investment-Managemen_A-Scientific-Approach-to-Invest0.blog</link>
<description><![CDATA[September 2, 2011Update from 8/26/11"Bear markets slide a slippery slope of hope."Tom HardinBear markets tend to be much more volatile than Bull markets. Bear market volatility can result in large one day advances as well as big down days. During August, ...]]></description>
<author><![CDATA[Kim Custer]]></author>
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<title><![CDATA[A Scientific Approach to Investing: The Canterbury Portfolio Thermostat Matrix has changed from Bullish to Bearish on 8/4/11]]></title>
<link>http://www.canterburygroup.com/Canterbury-Investment-Managemen_A-Scientific-Approach-to-Invest.blog</link>
<description><![CDATA[&nbsp;"Bear markets slide a slippery slope of hope."Tom Hardin&nbsp;Bear markets tend to be much more volatile than Bull markets. Bear market volatility can result in large one day advances as well as big down days. During August, the Dow Jones Industrial...]]></description>
<author><![CDATA[Kim Custer]]></author>
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<title><![CDATA[The role of alternative securities in accomplishing true diversification during difficult markets]]></title>
<link>http://www.canterburygroup.com/Canterbury-Investment-Managemen_The-role-of-alternative-securit.blog</link>
<description><![CDATA[August 10, 2011The intraday fluctuations, over each of the last six days, are similar to what would be expected during several months. Former rational investors have transformed into a mass of emotional crazies who are all selling at the same time. Monday...]]></description>
<author><![CDATA[Tom  Hardin]]></author>
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<title><![CDATA[How does the law of supply and demand and emotional investors affect market volatility?]]></title>
<link>http://www.canterburygroup.com/Canterbury-Investment-Managemen_How-does-the-law-of-supply-and-.blog</link>
<description><![CDATA[August 10, 2011About two weeks ago, the markets were kind of boring. Today, it feels like we are in a bungee market. So what drives the market's movements? Is it an event like the U.S. Treasury down grade? Is it the foreign debt crisis? Is it the Federal ...]]></description>
<author><![CDATA[Tom  Hardin]]></author>
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<title><![CDATA[Volatility Index Increases as Market Drops Thursday]]></title>
<link>http://www.canterburygroup.com/Canterbury-Investment-Managemen_Volatility-Index-Increases-as-M.blog</link>
<description><![CDATA[ The S&amp;P 500 was down about 4.8% yesterday, it was a tough day. Every now and then, the market will have a day that is just hard to explain. To put yesterday in prospective, according to the bell curve, yesterday's decline was a fifth standard deviati...]]></description>
<author><![CDATA[Tom  Hardin]]></author>
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<title><![CDATA[Scientific Method to Determine Current Market Conditions]]></title>
<link>http://www.canterburygroup.com/Canterbury-Investment-Managemen_Scientific-method-to-determine-.blog</link>
<description><![CDATA[&nbsp;This was a tough week for the stock market. The S&amp;P 500 and the Dow Jones Industrial Average are both down around -3%.The Canterbury Portfolio Thermostat matrix helps determine the current state or condition of the market. We developed a matrix ...]]></description>
<author><![CDATA[Kim Custer]]></author>
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<title><![CDATA[Market is short term overbought but Advance/Decline line still shows Bull Market]]></title>
<link>http://www.canterburygroup.com/Canterbury-Investment-Managemen_Market-is-short-term-overbought.blog</link>
<description><![CDATA[&nbsp;&nbsp;Stocks typically fall faster than they rise.&nbsp; That was not the case in the second quarter.&nbsp; Stocks declined nearly every week from May until late June. Then during the last week of June and first week of July we experienced a sudden ...]]></description>
<author><![CDATA[Tom  Hardin]]></author>
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<title><![CDATA[Canterbury Investment Management Update: Low Volatility is Bullish for the Stock Market ]]></title>
<link>http://www.canterburygroup.com/Canterbury-Investment-Managemen_5693c38e53442176a683acbdcfc70687.blog</link>
<description><![CDATA[Typically, major market declines are preceded by a sharp increase in volatility. Canterbury's proprietary volatility indicator has remained in the low risk level all year. When our indicator is below 75, our testing shows that the probability of a correct...]]></description>
<author><![CDATA[Tom  Hardin]]></author>
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<title><![CDATA[Market Update]]></title>
<link>http://www.canterburygroup.com/Canterbury-Investment-Managemen_Market-Update.blog</link>
<description><![CDATA[Successful investing is about going with the probabilities. We can never be sure what will happen, but we want to go with what will most likely happen. History and probabilities show that trends, for the broad market averages, tend to not last long. When ...]]></description>
<author><![CDATA[Tom  Hardin]]></author>
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<title><![CDATA[Did you know? ]]></title>
<link>http://www.canterburygroup.com/Canterbury-Investment-Managemen_Did-you-know-.blog</link>
<description><![CDATA[Modern portfolio Theory, first introduced by Nobel Prize winner Harry Markowitz, states that one can generate a higher return with less portfolio fluctuation if the investments in your portfolio work together. This may be accomplished by owning a diverse ...]]></description>
<author><![CDATA[Tom  Hardin]]></author>
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<title><![CDATA[Increase in Volatility ]]></title>
<link>http://www.canterburygroup.com/Canterbury-Investment-Managemen_Increase-in-Volatility-.blog</link>
<description><![CDATA[It appears that fear has been creeping back into the markets. The strongest areas like metals and energy are showing weaknesses. They have both seen an increase in volatility which tends to be a sign of future difficulties. Our Canterbury Volatility Index...]]></description>
<author><![CDATA[Tom  Hardin]]></author>
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<title><![CDATA[Middle May Market Update]]></title>
<link>http://www.canterburygroup.com/Canterbury-Investment-Managemen_Middle-May-Market-Update.blog</link>
<description><![CDATA[Stocks dropped last Thursday along with commodity prices. Friday began with a sharp rally until rumor had it that Greece might leave the Euro zone. The news prompted some late selling. Prices and commodities rose again Monday and Tuesday. Why all the vola...]]></description>
<author><![CDATA[Tom  Hardin]]></author>
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