Where is the market headed? Too much southern action for our portfolio.
Some indicators are positive and gas has remained less than $4 for a few weeks and yet things are loosing value. Even our bonds are slipping.
I'm hearing mixed messages from the talking heads. Some say "things are shaking out", "businesses are slimming down", "fuel costs are the culprit", and "small businesses are not hiring".
I am not smart enough to understand it all. Maybe it's tied to politics. I do know the market is fickle, easily influenced. I still believe there's great potential and we are holding our positions.
'til later
Friday, September 5, 2008
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