Quote:
Originally Posted by PaceAdvantage
There was definitely NO blood in the streets this past month or so...I can tell you that.
Only bogus fear-monger headlines...
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Things were not nearly as bad the past few months as back in 08-09, but still, I've been sitting on the sidelines waiting to get back in the market.
Indicators might not always be correct, but based on the historical records, after a 10 day period of the advancing stocks to declining stocks having a ratio of 2-1 or more, the market increases, on average, by 15% in the next six months.
It might be wrong this time, but the market is more
likely to go up than down. So that's the way I'm playing it.
