romoho

Five Reasons the Market Could Crash This Fall

But what will be the new high. Asssuredly not over 14,000 for several years. Maybe half way between the recent low around 6600 and the october 2007 high of over 14,000. The new high may well be somewhere around 10,000. I think it's time to sell. I have been cutting back through stops and am at this time 95% cash with fairly close stops on the remaining 5%. Time to be defensive. Yes? No? My own approach is stricly common sense. Not technicals.