Friday, May 17, 2013

Give the Market the Benefit of the Doubt- Ritholtz

The truth probably lies somewhere in between both views Barry presents in this video, i.e. stocks to infinity versus hyperinflation. I should note that I actually side with Ritholtz in the short-term here as it concerns equity prices, as my Price/Volume Diffusion Index has turned up after a test of the 50 demarcation.

Video 

That said, if you invest in equities here, I would try to stay nimble. And in what may seem counter-factual, I am actually using strength to pull back on my equity holdings. It is my thought that the equities markets will be susceptible to a significant pullback.

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