The Name of the Game

7th Inning Stretch - Volatility is inevitable in the stock market and this week has been no exception. Earlier this week, I mentioned the Nasdaq's performance and how it could be a possible indicator of a move downward in the overall market. Since then, we've seen large intraday moves from the major indices during which we have remained patient in regards to our trading activity. For the week, the Dow Jones Industrial Average was down about 1.75% (the Nasdaq down close to 5%) which our higher than normal cash position has helped maneuver us through. As March rolls in next week, we are sticking to our plan... being cautious in the near term with our cash on hand prepared to take advantage of the next buy opportunity. - The Closer

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