A little concerned
We are surprised by the markets inability to sustain the bid that we were preparing for. The light volume and summer doldrums is obviously having a greater effect than even we thought. Under the surface our recent purchases are holding up well however, we are not comfortable in this neutral posture should the market falter for much longer. We will stay in our current position but are watching closely at the overall stock market action as well as the strength of our underlying positions. Steady as she goes for now, but there's a little schvitz on our brow.
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