ejmcclary

Is It Finally Time to Buy?

(I mean the S&P 500 by the term "market")
The first time the lows have been tested will not be the last... The market has at least another 21% to bleed down to 750, if not more to 600 (which is what I really believe will happen) Some good advise now is to short the market down to whatever you feel comfortable with, take the gains and invest in the market when they are even lower than they are now. If you missed a buying opportunity when the market was at 800, you still have another chance, 950 is just way too high to start investing. I believe these numbers to be extremely conservative.

Before you jump into these waters, I merely wanted to let you know about the possibility that the market may not be ready for a large buy in quite yet.