As usual the nay sayers are predicting another huge pullback is yet to come. Counter that with an equal number of folks suggesting that if you are already in the market, do not sell, but to ride it out. Bottom line; nobody knows what the market will do, so if you've got the cohunes to ride it out, then ride it out. If it helps you to sleep better by running to safety, then do it.
Last week was tough on all of us and I managed to fight the urge to bail. With that said, I like today's action. Thinking to reduce exposure later in the week as I dig out of this hole, but for now I remain 100% C Fund.
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