Monday, March 14, 2011

Is the Correction at Hand?

Stock troubleIt has been a long time in coming, but it feels as if this market pullback is for real.

I think the debate is on the severity of the correction. We are two years into the bull market, and we had an incredible run since September. The run was so nice and defied pullbacks no matter how much any of us were convinced that one was just around the corner.

As you know, I lightened up on January 18th by selling higher beta and buying lower beta. That's still where I am.
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It's Monday. Feels like it. Watching Japan. They are going to need tons of support. You know what to do. Red Cross. Salvation Army. Etc.

I did a jailbreak on the iPhone. Installed MyWi.

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