- DO NOT chase a runaway rally
- Just cause market is making all time high is NOT a good reason enough to enter the market
- Timing matters and one shall look for low risk entries
- Most important rule is preservation of capital
What does this mean for our Investments?
- 401K/IRA - If you are invested in the market then stay put and wait for SELL signal. Opening new positions now could prove risky.
- Stocks/ETFs - Invest in good patterns and take partial profits once your positions hits a 15-20% gain or your targets. DO NOT forget to have STOP LIMIT in place.
Market continues to be bullish for now...