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Growth Investor
Helping Investors Build Wealth Since 1970

Reconstructing the Wall of Worry

We’ve grown slightly more optimistic during the past couple of weeks, partly from the action of growth stocks, and partly because few other investors are optimistic (see pages 1 and 6). We added one new stock last week, and we’re not opposed to adding another should a low-risk set-up emerge. But for now, we’re content to hold our 33% cash position and wait for the bulls to truly take control.