imported post
I initiated the 40% G, 40% I fund, 20% F fund transfer today for March 2nd.
Japan's Nikkei 225 broke out into a new high on Sunday night (Monday morning to the Japanese), and also the amazing continued decline in short term interest rates nearing a breakdown to even lower rates, were the main reasons for my allocation change. This is a short term move.
The U.S. markets are surging today and I missed the boat again getting out late last week. It's too late to jump back in now. The question now is, will the indices break through and make new highs or will they find resistance and pullback again? They are once again gettingoverboughtbut this is such a good sign for the rest of the year. We may see a pullback in the short term but the market is really making a case for a new, strong leg up once the consolidation period is over.
I initiated the 40% G, 40% I fund, 20% F fund transfer today for March 2nd.
Japan's Nikkei 225 broke out into a new high on Sunday night (Monday morning to the Japanese), and also the amazing continued decline in short term interest rates nearing a breakdown to even lower rates, were the main reasons for my allocation change. This is a short term move.
The U.S. markets are surging today and I missed the boat again getting out late last week. It's too late to jump back in now. The question now is, will the indices break through and make new highs or will they find resistance and pullback again? They are once again gettingoverboughtbut this is such a good sign for the rest of the year. We may see a pullback in the short term but the market is really making a case for a new, strong leg up once the consolidation period is over.
