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Strategies & Market Trends : Buy and Sell Signals, and Other Market Perspectives -- Ignore unavailable to you. Want to Upgrade?

To: richardred who wrote (52135)	6/21/2013 12:07:08 PM
From: Peace	1 Recommendation Recommended By KevinKT Respond to of 218569

Thanks. I went to cash in the contest expecting the downdraft. In real world I am basically a stock investor with longer term bent. I keep it simple. I stay away from futures and options and I don't short individual stocks. When I expect market to correct I basically raise cash and then will wait to get into individual stocks. In the meantime I might put the cash in inverse ETFs or MFs and may flip them until I am ready to buy my stocks but depends on circumstances as I don't get to watch markets closely. I plan to start buying stocks when we approach the 1500 level in the SPX. I am not expecting a massive correction as of now but that may change. Longer term, I think bonds are toast for a few years and stocks will be the best investment for the next few years. All the money coming out of bonds will eventually find its way in to stocks but not right away. Also, if European economies turn around in the next year or two then we may get a massive bull market bringing all the money sitting in cash into stocks too. That would make da chief's you ain't seen nothing yet come true.