imported post
I agree with Tom that the I fund will be challenged over the next few weeks, and also moved allmonies out of that fund last week when the dollar clearly began rallying out of a cup and handle formation. However, based both on history and the current economic situation, I don't share his bullish optimism for the near term (I sincerely wish I did.) While we might see a rally this week, the likelihood is that the month of January will end down..and that is a very bearish indicator for the entire year. Over the past 53 years, we've had 19 down Januarys....13 of whichresulted indown years. Also, most down Januarys are followed by down Februarys, which is generally one of the worst months of the year anyway (second only to Sept). So, I'm keeping most funds in the G, which should benefit from rising interest rates. I'm keeping some fundsin C at this point because we are seemingly so over-sold (the last 3 weeks have all been down) that a bounce might be in the cards before we return to the bear side. As we approach the end of February, I'll consider moving more into equities.