Thursday, March 10, 2011

Market Comment 03 10 11

The market remains very volatile. Today the S&P 500 closed below it's 50 DMA (50 day moving average). The market action over the next few days should be very telling. If I had to guess, I would expect further downside. I closed out our remaining positions in gold this morning. At the moment all GWM Model Portfolios have minimal exposure to equities.

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