3/25/2011 - Market Review

Until about 3:30 p.m. I was really getting excited about the prospects for the market over the next few days. I took some small positions (IIVI, ACOM, LUFK, PANL) just before someone pulled out the rug from under us. Never fails. Anyhow, if there is no follow through I will be back in cash tomorrow.

Looking at the S&P, we're still sitting under the 4ema (thanks for the last 30 minutes). We had 160 stocks up 4% which is not bad considering we have a 3-day weekend coming up. Current status, retirement accounts 100% cash, trading accounts 90% in cash.

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