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Allocation Adjustments
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On Friday I made a change to two of my stock allocations, decreasing XTO to 9% of my holdings, and increasing FDS to 15% of my holdings. Reason? While XTO is an excellent company and stock, the current weakness in the natural gas markets is lessening its chances of appreciation within the timeframe of this competition. FDS, I believe, has been beaten down because its customers are financial institutions, and it appears to be another case of the baby out with the bath water. Bottom line, there's more short term upside in FDS than XTO. | ||
