Wednesday, June 15, 2011

Market Comment 06 15 11

Today the S&P 500 retraced all of yesterday's gains and then some.

We can not control the market, but we can control what we do. We continue to maintain minimal exposure to the stock market. We have also slowly upgraded the quality of our bond/ income holdings.

We are approaching major areas of potential support, the 200 day moving average and the March lows in particular. How the market responds at these levels should be very telling.

This blog post does not constitute an offer of investment advice. This blog is only provided for educational purposes. Please read the Important Blog Disclosure posted in the right channel bar

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