Is a Big Bear Coming....

[PICSIX]

Will history repeat itself?

http://www.wallstreetrant.com/2013/03/is-this-bull-market-fundamentally_4297.html

[DJofSD]

Lousie Yamada (http://www.financialsense.com/financial-sense-newshour/2013/01/26/louise-yamada/all-systems-go) sees something else.

[PICSIX]

With sentiment this high it can't be good IMO:

4) Thanks for the advice: With the market at historic highs, does it not amaze you how many analysts have suddenly turned bullish? I know this is a cliche-everyone turns bullish at a top-but really: In the past couple days, analysts at Goldman Sachs (GS), ISI, and Morgan Stanley (MS) have all upped their 2013 S&P 500 targets to 1,600 and above. Yesterday, Meredith Whitney said this was the most bullish on equities she has been in her entire career.

http://finance.yahoo.com/news/retirement-crisis-poor-boomers-horizon-143202216.html

[PaceAdvantage]

It's when the regular Joes start talking about the market and getting into "trading"...that's when the top is in...

And when they start bailing in droves as the market plunges, that's the time to buy.

It all rests on the regular Joes...they're the suckers the pros sell to at the top... :rolleyes:

[badcompany]

So, if the 19% correction in 2011 had been 1% deeper, this whole premise would be invalid.

[acorn54]

i think the best strategy is to dollar cost average.

[Valuist]

As long as the charts and the software say its a buy, you can't fight it. But the only problem is, the market goes down A LOT faster than it goes up. And lets face it, this is a market built on QE, so when the Fed has had enough, better run for the exits.

[PICSIX]

i think the best strategy is to dollar cost average.

Agree, for the long term investor.