Tuesday, September 17, 2013

Market Thoughts

The market continues to advance as we wait for news from Ben Bernanke on what the heck is going to happen with the QE program.  

My guess is that there is very little if any change at all.  The economic numbers haven't been that great.  My fear is that all the QE has inflated real estate and stock prices more than it has helped most Americans.  (Except for those of us who own homes and stocks, right?)

Anyway, it's past mid-September and I'm still in cash.  Sell in May and miss the Summer rally!

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