Tuesday, March 1, 2011

Navigate the Stock Market analysis slipped to SELL again...

Quick update today as I head out the door early….

 

No surprise here, the Navigate the Stock Market analysis slipped to SELL again today as the S&P 500 fell 1.6%.  Volatility was up nearly 15%. 

 

I went to a stock discussion site this morning that urged its visitors to buy-buy-buy, because that has been the right move in this bull market.  The folks that took that advice may not feel so good this afternoon.

 

I wouldn’t be surprised to see a couple of quick down days soon.  Today should have the “buy-the-dip” crowd worried that this may be more than just a dip.  That may bring out some sellers.

 

We’ll see.