Compression - big move coming is all I can say.
Can you feel it, capitulation may be close - don't surrender to fear of buying - a huge rally is approaching. I'm still thinking this market is exhibiting the characteristic of a 3rd wave up, which is parabolic in nature.
Compression - big move coming is all I can say.
Gratz on "1000" likes!
THIS IS WHERE I WOULD PUT SOMETHING TO REPRESENT MY THINKING, BUT THEN THEY SHOW UP!
Tracker = Check my position
I counted 17 dividends rolling in for reinvestment today - so a bit of daily weakness is beneficial for the longer term. There's always a silver lining somewhere.
Me and a bunch of my druken friends.
http://www.marketoracle.co.uk/Article43389.html
"So a smart question to ask at this time is: is the moment in time we're in today closer to January 2006, when there were several years left of exuberance to ride? Or are we more like September 2008, poised at the precipice? Be practical. Be prudent. Be dull to those watching you from the dance floor." That's why I gravitate toward wall flowers.
The Wisdom of Looking Like an Idiot Today | Adam Taggart | Safehaven.com
I don't think Birchtree linked us to an article about silver being a buy, though it could be when it hits $15/oz. No, Birch was using this article, the first part, to show how people are selling everything, grandma's broach, your brother's old comic books, dad's Fender Stratocaster, to get into stocks.
I have only three dividends to be reinvested today - the days of wine, roses, and golden prices are gone, but in the longer term prices are still cheap and contribute to my income stream. I posted this last week: "Remember, throughout recorded history, such breakouts following a lengthy trading range (13 years) have always been followed by a multi-year secular bull market - primary trend should remain up for years." So from that perspective equities are still golden and I'll keep buying. Snort.
S&P500 (C Fund) (delayed) (Stockcharts.com Real-time) |
DWCPF (S Fund) (delayed) (Stockcharts.com Real-time) |
EFA (I Fund) (delayed) (Stockcharts.com Real-time) |
BND (F Fund) (delayed) (Stockcharts.com Real-time) |
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