Monday, April 23, 2012

It’s going to a bad day

Update 3

Just barely. I hung onto to my 9% gain for the year and tomorrow a new distribution takes over. Year to date, 9.14%

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Update 2

I’m going to step aside and ride this one out. So I will submit a change to my account to jump out of the market.

70% G – 30% F


Well, the first look at the world markets and pre-market here in the United States, today is going to be ugly. We are already 1% down and the day has not officially started. I do not see me staying in the markets today. I’m thinking either 80% G an 20% F or 70% G an 30% F. I hate putting money in Bonds, but if the market does tank, this could give a little boost.

Here is the other side of the story. There have been 100 companies in the S&P 500 that have already reported earnings and 85% have beat their expectations. Now ask yourself, has the market reacted to the positive based on those numbers and if not why? What do they know?

I will update this again by 10am.

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