- Members tags:
For the first time in a very long time, I made changes to my managed 401k allocations. I did for several reasons, the smell of a dying real estate bubble was getting too bad, the markets have been trying to take out their old highs but the subprime mess and the rising spector of inflation (gee there's been inflation?) has been taking out their momentum
My guess is that we're in for a big correction.
I certainly hope that I'm wrong but my timing model did issue a sell signal last week around 1470 for the S&P500 and I have since moved my portfolio from 90% in stocks to 40% in stocks. The remaining % is in bonds and cash.
(this was a former members only post)