March 2013.....

Where we're at:

Dow: 14089
s&p: 1518.20
10yr: 1.85%
VIX: 15.36
s&p P/E: 23.39

equity: 34
bond: 32
cash: 33

1yr: 4.7%

Well...the sequester happened and the world hasn't ended yet.  Not sure what the impact to TXT will be.  The stock took a hit on Friday, -1.32%.  I remember Scott D. was pretty confident we would not get to this point during the 2012 Q3 call, wonder what he thinks now.  Our group manager is off to bigger and better, it is a good move for him and deserved.  Not sure what it means for our team.  We've been put on notice that our application is not meeting expectations and we have to step up our performance.  Spouse is having a rough start this year so far, I think the economy is just holding everyone back (what's new?).

We gave back some gains in February, the AAII index is pulling back as well.  People have easily given up their bullish outlook, me I'm waiting to buy again :)  I'm learning about technical analysis to take some of the emotion out of when to sell, it is kind of fun, though I still like our holdings.  My goal is to invest a chunk of cash in spouse's IRA.