Sorry for missing a few week’s worth of weekend investment reading, as I was busy going to conferences during the last few weeks. As you know, the stock market continues to churn higher, with many skeptics along the way. The Dow is almost close to 9,000, and a 1,000 S&P seems reachable.
I’ve been scaling out and I continue to scale out. It’s not that I don’t believe in the rally. It’s just that I’m getting ready to buy a house and I don’t need the uncertainty. How about you? What do you think the market will do? Is it poised for another bull run or are we setting ourselves up for a crash?
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Carnivals
More on this topic
(What's this?)
Insights from Jeremy Siegel: 3 Reasons Why The Dow Will Hit 10,000 in 2009
(Investment U, 5/18/09)
Lincoln's Outlook Revised to Stable
(The Value at Risk, 6/16/09)
S&P Makes Good On Most of Bank Downgrade Promise
(Money Morning, 6/17/09)
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