Originally Posted by brewer12345
And what does your Ouija board say?
I'm still not convinced there isn't some other shoe to drop that will produce a large drop. I don't know where or when.
Recently, people are buying the relatively good news (e.g. unemployment increasing at a decreasing rate).
So, my thought are - I would like a large decline here (15% or so) to buy into for the short term - 18 months or so) then I would be looking for a point to sell everything. If I'm right; that is the bottom I would belive in and buy for a several year uptrend.
The small amout I have allocated to add to the market won't help me recover my net worth much faster - about 10% down from 12/31/07.
Just some thoughts.