Portfoilio Cleanup Should be Over

The end of quarter dressup of mutual and pension funds should be completed now.  The trading positions we liquidated at 1357 on the S&P earlier in the week are being reinstated as we go back to a 20 percent net long position in our portfolios this morning in the 1328 to 1333 area of the S&P 500. 

 The gold and commodity markets had their bounce up during the week so the stage should be ok for the trading bounce in the stock market sometime next week.  Interest rates and the dollar should rise some as the overall environment improves.

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