>>>Mind you, I took a little more defensive position on 7/11 to "neutral" and cash position in the 40%-50% range <<<
sorry I did not realize that. I presumed that you were "fully loaded" and less than 10% cash.
I re-read my post and it can be construed as being harsh. In no way was it meant to be harsh. I was just trying to figure out whay may have gone wrong.
I light of your post regarding the corporate scandals, don't you think that there maybe more scares before that Aug.14 date that may erode away at the market sentiment and the index averages alike?
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