If the market was going to correct it had it's opportunity with the Egyptian turmoil. The Dow managed to close above the 12,000 mark and the S&P 500 closed above the key 1,300 point. These levels had previously acted as strong resistance. The uptrend has once again resumed.
I have been in the process of repositioning accounts to take advantage of the new leadership that is emerging. I will cover this further in the forthcoming issue of The Gerritz Letter.
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