For now, I expect the current stock market advance to continue until the end of the year. The rally, which began on March 9, 2009, continues to avoid a 10% correction, although it has seen a couple 6-7% declines. Here's why I think the rally will continue:
For now, we will continue to stay invested in the market and, hopefully, benefit for the year end rally. However, should the market advance sharply in the next few months, we will definitely use the opportunity to sell and lock in some profits.
For more on Strategies and Plans, check back every Monday for a new segment.
This is not financial or investing advice. Please consult a professional advisor.
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