Monday, January 25, 2010

A Chance to Lighten Up

Very weak market today. I was selling long exposure out of the fund all day today (and I don't have much). Even trying to lighten up on gold some.

Existing home sales did not really get much coverage today. They were abysmal!! Biggest decline in the history of that number. It was shrugged off by the market but I consider that potentially very important. More economic data all weak. Things are shifting, changing. My long awaited resumption of the bear market may be upon us.

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