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valuemoney (< 20)

December 2013



Finally bearish @ S&P 1823

December 20, 2013 – Comments (3)

Holy bull market. Even the 10 Billion dollar tapper hasn't put a damper on the market. Economy is improving. Congress is working together. Everything is good. That is why I am finally bearish. This is short term least for the next 6 months. I think there could be a pull back to about 1685. That being said I am fully invested. 100% stocks. I always am. There are always deals out there. The only names I really like right now are..... IBM, WFC, LUK, WMT, IMO, LH and NOV. Things I would stay away from. As I have mention before.... anything to do with bonds. Like stocks there are always mispriced bonds out there but as a whole I would stay away.  [more]

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