Monday, April 26, 2010

Increased Equity exposure to 75%

As mentioned previous, the Far East trade this morning is very positive (up 1.5-2%). The European Futures look to open strong and the U.S. Futures are flat-to-positive.

Given the above, I have switched funds from the BlackRock Managed Cash ($U.S.) Fund into the BlackRock Managed Equity Fund. Doing so this morning has allowed my to use Friday's closing price as opposed to what will be today's closing price (as discussed previous).

This switch rebalanced my A and B accounts into a 75% Equity/25% U.S. Cash position.

Once again I advise those who read this blog to read the disclaimer below before making any investment decisions.


Legal Disclaimer: The content on this site is provided without any warranty, express or implied. All opinions expressed on this site are those of the author and may contain errors or omissions. NO MATERIAL HERE CONSTITUTES "INVESTMENT ADVICE" NOR IS IT A RECOMMENDATION TO BUY OR SELL ANY FINANCIAL INSTRUMENT, INCLUDING BUT NOT LIMITED TO STOCKS, OPTIONS, BONDS OR FUTURES. The author will reveal his current market positions and holdings but actions you undertake as a consequence of any analysis, opinion or advertisement on this site are your sole responsibility. The author is not licensed as an investment advisor in the UAE and therefore cannot provide individual account advice to individuals and/or institutions.

dwaynemalone1@gmail.com

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