Monday, August 8, 2011

It is time to buy!

If you have been following my blog you would have reduced you market positions on November 8, 2010. On the Saturday before I made the call to reduce holdings in the market. On 11/08/2010 the NASDAQ closed at 2580. Today the NASDAQ closed at 2357. I am going to assume you would have made some money in a money market fund.

I have gone from a 50 percent cash position to a 130 percent long position. (Symbol TNA but in limited portions).