For those that followed the Moose into ILF last week they took it on the chin as the call is now down by a little better than 7% as we start the new week. I am not sure I'd done this nor stayed with EDV either. Cash might be the short term choice as my asset compass is having trouble in finding ture North. Perhaps, its the recent solar storm that prevents it form getting a good reading, or even the recent harvest moon, or it might even be the anticipated tightening coming form the Feds. Maybe all of these plus some other stuff is playing a tune on it as, I guess, one thought is as good an another. Glad I currently have a good allocation to cash within my portfolio as it could be some rough weather coming during the near term for us investors. I think what happens this week will more or less set the stage as to what we can expect as we move through the rest of September and October. After all, I believe we need a good dip, or pull back, to have a good equity run come fall. Let's not wish for the correction in the market that some are calling for as this could feed upon itself as no doubt some would be getting margin calls. And, if you can't pony up ... well, they will sell you out to cover your loan balance. Perhaps what we are seeing is big money is reducing some of their leveraged plays.
http://decisionmoose.com/Moosistory.htmlhttp://decisionmoose.com/Moosignal.htmlHave a good week ... and, most of all, ... "Good Investing."
Old_Skeet
