March 29, 2015

Be ready for a 10 percent correction

I suspect volatility will rule the day in the months ahead and a period of lower highs and lower lows might be ahead. I would emphasize very few are looking for a meaningful (over 10%) decline in stock prices. So be prepared for downside market surprises. 

That said, I repeat that I have completed work on a number of new long ideas that in a market correction will likely return to buy levels. Be patient; I am.