It's disheartening to feel that we are not yet on that type of market suitable for long, even intermediate term. I was hoping there is a chance to leave money for 3 months. We can not invest yet, go without constantly checking price trend, and just proceed about our day job. But no, we're still on a volatile zone.
Keep your cash position inside 30%. If you can't, you have to infuse money in for 'defense,' as they say. There's a chance MWSS stunted our recovery. A pervading general sentiment of 'government changing rules in the middle of the game' is bad for the market.
Also, the FED meeting will happen Sept 18-19. Bernanke will face press Thursday morning; we have to have good cash position by that time.
For today, need to observe morning price movement. Consider selling if it does not bode well for your specific holdings.
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