2/7/2011 Historical Post

From: Dale Beals <dpbeals@comcast.net>
Subject: Update
Date: February 7, 2011 10:20:07 AM CST
Several things have changed my view for the better…
1. Egypt seems to be settling down.
2. The stock markets are today trading at new highs, overcoming the resistance of the last couple of weeks.
3. The state financial troubles would seem to primarily affect municipal bonds and, perhaps other bonds, but not the stock markets right now.
4. My models have flipped back toward stocks and real assets and away from bonds.
While some things I perceive as problems still haven’t changed, the market psychology stays positive.
So, today, I am going back to normal allocation for the younger and more aggressive clients. I will wait awhile longer for the retired and more conservative clients.
Thanks again,