Thursday, July 11, 2013

Frenzy Has Begun

I'm still 75% invested. No opportunity to execute my last buy so far. 

RTS Long Term Dividend Current and Past Portfolios
I closed all long positions in this portfolio on Tue 7/9.
I no longer trade dividend paying stocks.

Three of five major indices (DJI, RUT and SPX) closed at all time highs today.  The powerful "Uncle Ben" bull market that started in March 2009 is going to rage ahead for a while.  I believe this 4 year bull run has now entered into its final frenzy stage.  A typical frenzy stage lasts about 14 months during which indices gain an additional 43%.

Disclaimer: The views expressed are provided for information purposes only and should not be construed in any way as investment advice or recommendation.  Furthermore, the opinions expressed may change without notice.