Remain bullish till you see evidence of bearishness | stockbee

2/14/2012

Remain bullish till you see evidence of bearishness



It is a bull market. Probably a young bull market. It might have dips and corrections but it has probability to last for long time.



In the short run the MM readings are extended. Any dip here will be buying opportunity. In a bull market keep buying dips till it stops working.

Key character of bull market moves tend to be:
  1. steady buying with very few 300 plus days on MM
  2. low volatility
  3. small moves of less than 1% in Indexes. Market crawls up in small increments.
  4. sector rotation
  5. Growth and momentum stocks lead

All these things are happening currently.

Remain bullish till you see evidence of bearishness.

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