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.

Wednesday, July 13, 2011

More Easing--Oy Vey

WASHINGTON (Reuters) - Federal Reserve Chairman Ben Bernanke said on Wednesday the central bank is ready to ease monetary policy further if the economy weakens and inflation moves lower, suggesting policymakers are actively mulling further stimulus.

This is why the market is rallying today and this is the reason I am adding to my SDS which is a short of the S&P 500.

I've said it before and i'll say it again--It's all about capital preservation!
Although the trend is still up as far as I can tell the market is very shaky and I want to protect my clients until the trend is more definitive.
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1 comment:

  1. Al DeRemigisJuly 13, 2011 at 11:14 AM

    I like the way you look out for your clients on a daily basis!

    ReplyDelete

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