Wednesday, October 20, 2010

Market Comment 10 20 10

With earnings season I was expecting increased volatility, and we certainly got it on Tuesday. Fortunately, volatility in the bond/debt/income funds in which we are primarily invested tends to be a fraction of what it is in the stock market.


Our relatively small equity positions are subject to this volatility. At this point the market is still in an uptrend. I will be watching closely for a character change in the market, especially if  the dollar continues to rally. If a down trend develops we will exit the positions.

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