Wednesday, January 14, 2015

Don't Be A Crash Test Dummy

If the recent market distribution since the beginning of 2015 has not been evident to you, it should now be crystal clear that stocks are in the nascent stages of a downtrend.  Whether this downtrend develops into a "correction" or a full blown bear market is yet to be determined.  Recent history suggests the dip buyers will absorb the inventory of stock for sale.  However, the fundamental picture for 2015 appears to be starkly different from the 2014 data (http://ow.ly/Hkxgu).  Will the "Dips" buy stocks even in the face of a global economic slowdown?  

At this moment there is absolutely no reason to be a crash test dummy...just wait for it, wait for it, and wait some more.