I don’t know, so, I can’t say… but, prices have arrived at a place of overhead resistance, 401k money has been deployed, and futures trading overseas are off more than 1/3 of 1%, and closer to 4 tenths off at 7:00 a.m. EST.
In any case, the short-term has been up. My indicators are no longer anywhere near signalling an all-clear, like they were nearly doing when I thought we’d turn up early last week… and, as a further indicator, I never think it’s time for me to be buying anything when my portfolio balance is at a new all-time high in value.
Easy enough to continue to watch and wait… I’m still of a rather strong opinion that a great opportunity will be handed us again before this year ends. I hope that I’ll have the good sense to see it when it happens… for all our sakes!
Here’s to your investing success!
Harold F Crowell