Down How Much?

May 6, 2010 3:36pm by Barry Ritholtz

I just landed in LaGuardia from Dallas, and was surprised to see the Dow was down 1,000 points today.

To clarify the 100% cash position, that is in the long short aggressive accounts. We are far less aggressive in our asset allocation model, which typically is far less exposed to equities anyway.

More when I get settled in back at home.

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