Saturday, August 2, 2014

Here It Is, The Big Sell-Off... Has Been Wrong The Past 169 Times | Seeking Alpha

Here It Is, The Big Sell-Off... Has Been Wrong The Past 169 Times | Seeking Alpha



Here is an outstanding article about how the bears are usually wrong about stock market corrections.  Since this bull market started, we have experienced 169 pullbacks of 1% or more.  According to the author, if you had bought all the dips of -1% on the S&P 500, you would have been up almost 10% 90 days later.  How can this be?  I don't know, but we need to go with the flow.  One reason for the stock market constantly rebounding is that the economy is doing well according to Federal Reserve statistics.  If the economy ever falters, though, the bears will finally be right, but that time is probably months away.


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