by Lance Roberts
Real Investment Advice
80% Or Bust
Not surprisingly, the recent sharp reflexive rally has brought the bulls out in full force as noted by a recent comment on my post earlier this week on “4% From The Highs:”
“…by the time you get confirmation with the long term indicators above, you will miss out on 20 to 30% of the rally.”
It’s a fair point if you are a short-term trader looking to time the market. I’m not. As a long-term investor, and specifically as a manager of “other people’s money,” I am much more concerned with the specific inflection points where market dynamics change from a generally positive trend, to a negative one.