Strong Data

Strong economic data in regards to consumer spending, consumer confidence, and manufacturing are positives for stocks going forward.  Is it enough to overcome fears from the sequester?  So far even though stocks are off their lows, the US dollar and Bonds are showing no sign of pulling back.  For this reason, I am allowing my positions a chance to work today.  As I mentioned yesterday, risks are high but given the technical picture of the market, I am willing to take that risk.


Posted on March 1, 2013, in Jeffs 3k-100k. Bookmark the permalink. Leave a comment.

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