The window of March gains is slowly closing (and Feb. gone).. 88% correlation mrci.com
Still basically sitting in cash( down 1/10th of a 1% ytd), but did move a tad in yesterday at the close, just enough to keep me interested <vbg>...Crazy weather, 0 again last night, but hoping for a bit of warmup the next day or two...brrrrrr<g>,DD
PS: the J funds merged 3 funds into one, effectively taking out the one I liked to trade..I may begin to focus on the healthcare fund..They also have taken out much of the volatility in the funds, while still down, there are only mild daily swings now..But imo, they are once again zigging, when they should be zagging. Being reactive, as opposed to proactive..My guess is their tech/growth holdings are now minimal, focusing on so called stodgy value( exactly where I think the largest nearterm declines will come, yesterday being a perfect example). My thinking is telling me tech/growth will move first and stronger when the tide turns in early Summer..;^) Although, I'm still looking for a small pre April 15th move as a result of deadline forcing IRA contributions. BPndx now at 32%, we should be gettingclosetosometype of a bounce..but we may go from oversold to greatly oversold<g> |
