Thread: Long Term- Future of the Market

Carl has been pretty hot as of late....

Long Term Buy Signal

Bottom Line: A new long-term buy signal was generated this week, which means that we are technically in a bull market, and that bull market rules apply. The failure of new highs to confirm the rally is a mechanical issue, not a demonstration of internal weakness.

http://www.decisionpoint.com/ChartSp...90814_ltb.html

I believe that Carl is obviously onto something good here. All we need now are a couple of back to back 300 pointers to the upside to make the hedge funds tinkle in their shoes - that would serve them right for being such a bunch of chiclets. Make'em scramble to get on board and keep feeding the engine to go even faster. I'm ready to capitalize on their insecurities and make some serious profits.

I covered one of my favorite books on long term asset allocation, The Coffeehouse Investor a few months back. You can read what I had to say about it and also see his recommended allocations here.

Here's a good piece written recently by The Coffehouse Investor.

I am not saying it is an opportunity of a lifetime, but because of the significant decline in the stock market over the past 18 months, current valuations suggest that the next decade will generate returns in common stocks that far outpace current yields on CDs and money market accounts. Don’t let the next ten years be your lost decade of investing just because of the today’s turmoil on Wall Street.

We have entered a new era of investing, one that invites you to turn away from Wall Street’s empty promises and the excesses of the past twenty-five years and ushers in a new era of personal responsibility. This era will challenge us like never before to look at how we invest in all our resources, including our time and talent, to accentuate our financial and emotional well-being.