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March 19, 2020 9:40 AM
This morning I went into several portfolios and sold some remaining equity holdings. In some cases I will leave the money in Cash. In other situations I added to SH holdings as I think the probability of this market moving lower is quite high.
It would not surprise me if the DJIA did not drop to the 15,000 level. At that point we might see some buying opportunities.
While I don't like to be an Eeyore, markets do go down.
Lowell
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