No. of Recommendations: 5
I'm no good at identifying market tops at the time, but this divergence....
..... is the reason why I am currently holding more cash than ever.
If it is correct that tops are rounded and there is plenty of time -- a month or two or three -- to sell, why head for the door now?
“Far more money has been lost by investors preparing for corrections, or trying to anticipate corrections, than has been lost in corrections themselves.” – Peter Lynch
"More Money Has Been Lost Avoiding Risk Than at the Point of a Gun."
"Until you realize taking a beating is a normal part of long-term investing, you’ll hurt the overall performance of your portfolio.
Staying with your strategy during a pullback is difficult, and it never gets any easier."
"When the market finally corrects, observable shifts will begin to occur. There is no need to anticipate, predict, or forecast." -- Chris Ciovacco