Market Update

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My last post indicated a possible bounce to the upper red line, but that was blown away by the surprise timing of the S&P downgrade of US Debt.  Today we had a dramatic short covering rally that took us a way back up but provides not evidence that the down trend is over.  We expect the volatility to decline but the bear market to continue.   And the market has given us a chance to reposition any market overexposure.  Hang on for the ride.  -

BOYDSTRATEGY.COM

If you would like John or Rosemarie Boyd to speak to your group or organization on financial planning or investment strategies contact Rosemarie at rboyd@boydstrategy.com or call her at 508-754-3226. The comments on this blog do not represent individual Investment, Tax or Legal Advice, and do not represent an offer to buy or sell any security. Consult the appropriate professional before acting on any idea seen here.JOHN