When the S&P gains 10% in a few months, many portfolio managers seem to lock in those profits. They did it last spring...
Here we go again. (Graph, courtesy Yahoo.com)
The market was +11% a few days ago, and it looks like there might be some profit-taking going on. You can join them for a few weeks, or use the coming decline as a buying opportunity.
As usual - wait until the VIX stops rising, the MACD line turns up, and/or credit spreads improve before commiting cash.
Here we go again. (Graph, courtesy Yahoo.com)
The market was +11% a few days ago, and it looks like there might be some profit-taking going on. You can join them for a few weeks, or use the coming decline as a buying opportunity.
As usual - wait until the VIX stops rising, the MACD line turns up, and/or credit spreads improve before commiting cash.
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