3.07.2006

Market Pullback

For those of you following along...

My friend and investment wizard, Matthew, advised me to reduce my domestic (i.e. USA) investments due to his interpretation of upcoming market instability. He advised me to pull out 30% of my domestic holdings and move the capital into my money market fund. He also said that there may be more moves in the near future, now that the 'Ides of March' are upon us.

Remember: Neither he nor I are professional investment people, and I'm just passing on what he told me 'over a beer' so to speak. Matthew watches the markets with an amazing analytical mind, and great enthusiasm...so when he says "pull out of the market", I say "yes sir - how much!"

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