Welcome to a little of this a little of that

I'm going to post my thoughts mainly on the investing world and hopefully help somebody better manage their money,especially their 401 k.

Monday, June 27, 2011

Good day but no real clarity

Well my tippy toeing back into the market is looking pretty good right now but we'll see how it all plays out.
Now to correct any misinterpretations I never got fully out of the market. As long as relative strength of stocks remains the strongest sctor out of cash and bonds I will always have money in stocks.
I did pull a bunch of money out when the s&p couldn't make a new high and reversed down. this is a capital preservation technique that I use.It just so happens that the s&p turned back up last week and with that I started to redeploy some of the money I had taken out.Net net I am aboout 60-70% invested.
We'll see how this all plays out.We're in a uncertain period with the market right now so it pays to pay attention and if anything to err on the side of caution in my opinion.
When the market is clearer you can always make up for not being in but when you lose your principal your fighting so hard just to get back to even.

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