Monday, March 11, 2013

Dow rises for seventh day running

Stocks keep moving up.  Seven days in a row!  Everyone is getting excited.  Margin debt is increasing as folks get more speculative.

Yup.  Can't lose, right?

I remain in cash after selling in February.  Strategy is to wait for a correction and get back long.  I feel the correction will be fairly dramatic.  Nobody thinks it can happen with the Fed pumping in $85B a month, right?

Stocks creep up; Dow rises for seventh day running
NEW YORK (AP) — The stock market crept higher Monday, pushing the Dow Jones industrial average to its seventh straight day of gains. Boeing was the D... Read more

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