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A Bit of Gyration

Everyone needs to remember that as we get calmer markets (hopefully soon) it will take plenty of time for income securities to move much higher.

It is true that the fall is much more rapid than the rise will be–maybe you are down a $1 or $2 on some issues (or more)–it may take most of the year to recoup this loss.

Looking at my accounts this morning–obviously early–they are up maybe 3/10%–I would be glad for any gains whatsoever at this point, plus we can continually analyze and nibble if appropriate.

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