Absolutely, asf. Agreed 100%. For the short term, it's great.
But personally, I'll be using any bounce to exit my long positions =). When the DOW/ASX establish a clear new uptrend, it'll be obvious and there'll be plenty of time to pick those positions up again. Until then I see no point in holding stock.
But something HAS to give IMO. If not this year, then next. And I'd rather err on the side of caution. Better to miss out on 10% profit rather than lose god-knows-what in the mother of all economic collapses that may be rapping on our door soon.
Good luck mate!
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