Tuesday, July 17, 2007

Dow 14000--are you on board?

The bulls continue to run. There are quite a few folks left behind, or worse short in this market. The train has left with a lot of people at the station. I am in the left behind crowd. The easy thing to do would to be to buy whatever is moving. The stubborn thing to do is to try and call "top" and start shorting. Probably the smart thing to do is to continue to sit on the sidelines and continue to look for safe entry points.

While a rising market doesn't lift all the boats, it sure helps.

No comments: