Cautiously Returning to the Long Side of the Market
Despite all the negatives, I now suspect that the market has hit a short term bottom and we should see positive movement in the November thru early January period. I will gradually shift back to long positions over the rest of this month, increasing stock holdings on an exponential curve (largest percentage inflow will occur on the final trading day of this month). One indication that this may not be the month of the big one is that more and more of the stock market pundits seem to be turning negative. I don't usually like being on the same side as those guys. In any event, as always, time will tell.
*****If Google and Microsoft are REALLY interested in AOL, then Time Warner (TWX) is a buy. I believe all the hype will result in Time Warner finally getting some value out of this questionable asset. Three cheers for CEO Parsons!!!
*****If Google and Microsoft are REALLY interested in AOL, then Time Warner (TWX) is a buy. I believe all the hype will result in Time Warner finally getting some value out of this questionable asset. Three cheers for CEO Parsons!!!
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