Being an asset manager I've been warning people for quite some time to pay attention to their money. This market is on shaky ground and it doesn't hurt to take some money and put it into money market until the picture clears up.
All of my decisions are based on comparing the relative strength of stocks,bonds and cash.Stocks are the strongest asset class on a relative strength basis and have been since March of 2009 but that doesn't mean that there won't be corrections.
I have been lightning up on stocks for the last few weeks. My philosophy is based on preservation of capital. there will always be another chance to get invested but if you lose capital its much harder to get ahead
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