Pulling Back on Stocks Before Christmas
Just an update:
Time to take the money and run, well not run, but wait for a correction. At least that is what I hope is coming.
Today I sold a lot (now 62.1% cash) in hopes that the market will shave off a couple hundred points before having it’s late “Santa Rally.”
Thinking that dividend tax rates will inspire a sell off then an immediate repurchase the last few days of 2012.
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