"I was wandering John, how you would consider the following scenario? it seems most of us on this threads feel the market will drop and is overpriced."
I certainly don't agree with your reason that the market will drop, and further I don't think the market is over priced, particularly in this low interest environment.
flemster i think you are reading some thing into the market thats not there.
i think most in this little chat room would offer the same advice, and that is - THE VERY MOST IMPORTANT THING THAT WE SHOULD BE LOOKING AT IS THE TREND, AND AT THE MOMENT THE TREND FOR THE ALL ORDS IS UP.... you could extend your trading band a bit and make it go almost side ways, but certainly not down.
the trend for the US markets is also up.
we have both ignored the upward trend with HVN, that started some six weeks ago - averaging up, and look where that has got us.
can I ask do you have a charting program ? it does not sound like you have.... I have had my market analyst program for a long time now, and even though my selection criteria has been on the financials, I consider my charting program indispensable.
flemster I have been fairly direct here - I hope I have not offended.
