Afternoon all, been out splitting wood, tis the season<g>..We are due for a cold Winter, been awhile so I am loading up on wood just in case( I have around 7 cord racked and ready)...
"in line for a temporary rally before continuing to decline" you don't sound to optimistic..I think sitting in cash until after the 11th is going to be my basic game plan, maybe a few in and outs along the way..Not that I really think any terrorism activity will take place,I do think the majority of the country will become uneasy as we appraoch that date...and the markets are in NYC..CPHD may due well or at least hold it's own as a result of this uneasiness..Will fund my Janus IRA for 02 during the month of Sept. and most likely continue to play in the tech and special situtations funds (top notch manager in my opinion, while the fund is down 26% ytd, it sprang to life with the nas rally, I think he positioned well for a nas bounce)..I can catch some pretty good swings in these 2 funds..I think the nas tests, if not breaks recent lows, before a slow to flatish recovery..In for some duldrums,IMO...That's why I am happy with only being down 7.5%(I must have low expectations<lol>), could be much worse..average J fund, excluding bond fund etc. is down 23.6%YTD and they have pared way back on growth investing, I see the biggest swings in JAGTX and JASSX, so those are the ones I jump in and out of<g>..got to run..DD |
