I'm still very skeptical about the current market rally. It seems to be defying gravity. Eventually, there will an event that causes the market to decline significantly. Then, I will get back into the market.
In the meantime, I'm going to hold onto my few long stocks. Apparently, according to this Barron's article, the market can hold up for weeks or several months before finally succumbing to negative news. So the stocks may have a nice run for quite a while. Hopefully, I can get out near the peak when it comes :-)
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Copyright © 2012 Achievement Catalyst, LLC
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