The Fred Report - Sector Review March 2014
SPY has been volatile, but ultimately flat, since the last Sector Review. The market has been above and below the 185 area on the SPY several times, and below 184 could trigger a bit more corrective behavior. Indicators suggest a decline from roughly the end of March to the end of May is possible. We have suggested moderating the pace of dollar cost averaging into the end of March – but to still add money for new accounts, as a correction now would be positive long-term, and may not actually occur.
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