Market Comments
 
October 20, 2005

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Today's Comments (Short Term Outlook)

Quick update today:

We saw some very positive "bottoming" action yesterday.  The market opened down sharply, tested the lows, held, then rallied strongly.  Small cap stocks came along for the ride and we had a strong close.  All good signs. 

The next couple of days could see some digestion of the gains as Wilma builds strength and direction, but I don't see any reason that would cause me to change my current allocation.  The bottom appears to be in for now but the ever humbling market will get the final word on that.

That's all for today.  Currently 40% C, 30% S and 30% I fund.  Thanks for reading. 

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