We’ve gotten tons of questions about the stock market in light of the all time highs we’re seeing in US equities. As always, we believe in going where the market tells us to go… to the extent that it offers a clear direction that is. When (as now) the market is a bit ambivalent, we prefer the safety of smaller positions and/or the safety of being on the sidelines altogether.
That said, we thought we would share the thoughts of an unapologetic fundamentalist if, for no other reason, the shock value of the headline. We’re not sure if the author is right or wrong, but if he is right, it certainly makes us that much happier that we are primarily intraday traders.
Click here to see the article.