Volatility Creates Indigestion and Opportunity
Posted by Dave Beson on April 20, 2009
The stock market’s been on a bit of a roll for six weeks. Until this morning. And now that queasy feeling is BAAACK!
Even if you were right and got out of the market 18 months ago at the top, you could feel a bit shaky today.
So you took your money out of the stock market at the peak and have been waiting to get in? You are one smart cookie.
And when the S and P hit 666 or so, you did get in, right? Sell at the top, get back in at the bottom? Perfect timing.
Today is the first day of what could be a perfect storm. Health care, credit card problems, credit quality, earnings reports, and a few key statistics later in the week on jobs and houses could set the table for MORE VOLATILITY. But will it be up or down?
Should you get in, if you aren’t? Should you take a little off the table if you are all in?
Of course I believe all of the above are correct. What will you do?
Or will you do what I’m doing, which is creating two or three alternatives, and probably CHOOSING TO DO NOTHING, and STAY IN for the LONG HAUL?
Real estate continues to overcome many hurdles, aided by low interest rates and a recovering economy. Or an economy that is deteriorating at a slower rate. Which is nice.
HMMM.
What do you think?
What’s next?
Dave
www.davebeson.com
