Monday, June 27, 2011

Buy in July


Markets are cyclical: We've all heard, "Sell in May and go away", but when are you supposed you come back and buy? Some say November, but last year - when I was calling for SPX 995 by the 4th of July, 2010 (and we almost got there) - and we saw an explosive rally after the 4th, continue into the end of the year. Expect money to be put to work again this July, as MM's begin to return from their summer vacations.

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