Time to buy

Well I must admit I blew it.
I was going to post back around Labor Day that it was time to take some money off of the table. Well I did not post that. (The NASDAQ was around 3200) Still if you have cash on the sidline I am adding cash to the market on any weakness here. The market may go lower as tax policy most likely will not be as favorable for investor and I do see some profit taking. (Much of it may have already taken place). The NASDAQ  closed at 2904 today. I will save my political commentary. You can listen to Chris Mathews or Rush Limbaugh for that. When others are selling and afraid it is time to buy.
 

The best Midcap Funds for 2013

The best Mid cap Funds for 2013
I have a new list of funds this time in the mid cap arena. This is the first in a series of updated funds. A wise investor always has an asset allocation and mid cap funds should be part of that allocation. I will be doing a host of new fund updates so please check back for later editions.
The best Mid cap Funds for 2013

 

The best large cap funds 2012
I have a new set of great funds for mid 2012. This is the first of many of my updated fund recommendations. Stay tuned for more. If you would like to see other types of funds covered leave a comment below. Times change and so should your investments. What funds are new and which have been dropped from my preferred list? You can find out just click the link. 
 The best large cap funds 2012.

Better buy than I expected.

I called for a buy mid day on May 17. If you happened to catch my call on that day the NASDAQ closed at 2814. Assuming you work for a living as most of us do you may not have gotten in until Friday May 18 when the NASDAQ closed at 2779. I am not going to say the market bottomed last Friday. What I am saying is if you followed my advice you would be far ahead of the market than the buy and hold mentality.
I am still a buyer on weakness at these levels (the NASDAQ closed at 2839 today).

Time to Buy!!!!

If you followed my advice last time you would have gotten out of the market on Feb 3 when the NASDAQ closed at 2905. At this point the NASDAQ is trading at 2861. This is not a significant gain this time but you were not taking the risk of the market and there is always some interst gained from money in a money market fund.

It is time to sell.

If you have been following my posts you would have bought into the market on August 9, 2011. The NASDAQ closed that day at 2381.

At this point I recommend selling as long as the market is flat or up. Today the NASDAQ closed at 2859 which is near a ten year high. That is 20 percent over the last few months.

I believe market conditions are still favorable at this time but I also believe the market will trade lower in the future.