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  • It is time to accumulate stocks! 0 comments
    Aug 8, 2011 10:50 AM | about stocks: SPY, DIA, QQQ

    Last week I posted a blog asking "Is it time to accumulate stocks?".  Since then, I have been gathering reasons for buying or not buying stocks and I have posted details at:

     Is it time to buy stocks? Mind Map

     Based on the evidence so far, I am inclined to say that it is time to start accumulating stocks!  Here are the reasons:

    - Reasonable P/E ratio (SPX TTM PE around 12)

    - Relative value (SPX is 3-5% below its 200 DMA)

    - Fear in the market (VIX spike)

    - Too much negative news in the media

    - Panic, indiscriminate selling that is going on

     For more details and graphs, see:


    Stocks: SPY, DIA, QQQ
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