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With the close of markets on Thursday, March 3rd, the F-Fund and the ETF AGG are both confirming a move to CASH. GGT already has had these sitting in CASH, but another model I use to independently arrive at the same conclusion strongly confirms that you should not be in this bond fund at the present time.
On a related note, GGT has the ETF SPY, which is the S&P500, as recommending CASH. The other model I use, which does not consider volume, has the C-Fund completely LONG. GGT has the SPY in CASH because of the lack of volume, compared to historical strength, and is suggesting that we hold no positions in the SPY.
Whether this is prudent advice or not will reveal itsself in the next couple of weeks.
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Remember, you are responsible for your own trading decisions, and I am not. Please do your diligence and take ownership for your actions.
Regards,
pgd
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