Saturday, July 16, 2005

The week that confounded everybody..

This was a week when almost nothing could go wrong - inflation remains tame, growth remains robust, consumer confidence remains high, oil drifts lower, and companies beat earnings estimates handidly. S&P now sits at 4 year high. I haved moved back all my cash back into S&P and small cap funds. So, these and emerging market funds are where I am invested in.

Right now I am a momentum person. Trying to time the market perfectly - which apparently no one has been able to do. What is the harm in trying anyway - I would learn something in the process.

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