Mark10r

Is It Time to Buy? What History Shows

The bond market is usually one of the best indicators of future direction for stocks. Right now, short-term Treasuries are selling at negative interest yeild. That means that the bond market expects further losses in riskier investments such as stocks. Remember, Treasuries are the "safe haven" investment where investors put money when other investments pose too much risk of loss. When investors are willing to bid Treasuries down to zero it means they feel that the best they can do in the next few weeks is hold onto the money they have.

I expect we'll see the Dow make new lows before mid-January. Come back and rate after Jan. 15th!