Thursday, February 2, 2012

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.

1 comment:

  1. Agreed. Not much more upset in Nasdaq in the short-term.