This trading range is likely to persist a while longer, says BlackRock chief equity strategist...


This trading range is likely to persist a while longer, says BlackRock chief equity strategist Bob Doll. We momentarily broke through the bottom last time when we were down almost 20%, now, we're at the high end of the range. Excluding yesterday, things appeared to be going in the right direction. Now, "I think you take some risk off the table." (video)
Comments (3)
  • untrusting investor
    , contributor
    Comments (9903) | Send Message
     
    Hmmm, never heard Bob Doll ever recommend taking any risk off the table before.
    18 Oct 2011, 09:00 PM Reply Like
  • tiger8896
    , contributor
    Comments (720) | Send Message
     
    I was thinking the same exact thought. He is usually bullish and is usually right, one of the more accurate strategists out there. I wonder if this was taken out of context though. Barton Biggs is another guy who is usually bullish that recently reduced his portfolio to 20% equities.
    18 Oct 2011, 09:48 PM Reply Like
  • DW Reid
    , contributor
    Comments (126) | Send Message
     
    the wealthy people I know see something coming that we don't.
    18 Oct 2011, 11:21 PM Reply Like
DJIA (DIA) S&P 500 (SPY)
ETF Hub
ETF Screener: Search and filter by asset class, strategy, theme, performance, yield, and much more
ETF Performance: View ETF performance across key asset classes and investing themes
ETF Investing Guide: Learn how to build and manage a well-diversified, low cost ETF portfolio
ETF Selector: An explanation of how to select and use ETFs