Market Comments

 
March 9, 2005
                                               

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Today's Comments (Short Term Outlook)

Nothing much to report today.  The indicators are still giving mixed signals so I will remain on the sidelines.  I think the chances of a pullback are equal to or better than a continued rally.  I'm not really bearish nor bullish but I feel better having my account safely tucked away in the G fund until I see a clearer picture.

The dollar took a tumble yesterday.  Lately we've seen short term rallies in the dollar after a large drop but there is rumors of the Fed hinting to start .5% rate hikes instead of the .25% we've been seeing. 


That's all for today.  Currently 100% G fund.  See you tomorrow.


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