Wed 23 Dec 2009
There is little to write about the markets this week. Major indices have generally moved back to the tops of their trading ranges. But at the same time, some of the stronger sectors have shown weakness. For example, this week we sold the small positions we had in gold, Latin America, intermediate bonds, and a couple of foreign currency funds. Until we see which direction the market breaks when it exits this trading range, being invested carries a high risk level.
We hope all of you enjoy your holiday season and have the opportunity to spend time with friends and loved ones.
Merry Christmas to all of you.
F.S.
Important Investor Information:
Past performance may not be indicative of future results.
Therefore, no current or prospective client should assume
that future performance of any specific Strategis strategy will be
profitable or reach its performance objective. Different types of
investments involve varying degrees of risk, and there can be no
assurance that any specific investment or strategy will be either
suitable or profitable for a specific investment portfolio. Certain
portions of this update contain a discussion of various positions and
beliefs as to current and anticipated market conditions, which are based
upon professional judgment. However, there can be no assurance that any
such position or belief will prove to be correct. In addition, due to
various factors, including changing market conditions, such discussion
may no longer be reflective of current position(s) and/or belief(s).
Finally, no reader should assume that any such discussion serves as a
substitute for personalized advice from Strategis or any other investment
professional.