Trimming Positions Today

Just a quick update – I trimmed some positions across the board today, raising cash from my October purchases.  The S&P 500 advanced almost 200 points from the October lows, or by about 12% in just 3 months.  With tapering commencing this month, it seems prudent to raise cash once again and wait for lower levels/valuations.  I would love to see a 10 percent or greater correction this month!

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