My weekly S&p500 timing model is still showing elevated volatility levels but a major easing off the insane levels from last year.Â While this is a major improvement, we are still not out of the woods.Â The real bottom isn't here yet and I expect a little more pain before everyone throws up their hands and capitulates.
Overall the model remains in BUY mode from 11/14/08 and I've been adding more money to my 401k and IRA's as a result.Â I have one last slug of $$$ left to drop into the markets when this last "pain event" occurs.Â I also added some shares of GE, JNJ, and TX to my long term holdings.Â I will looking to add more stocks (domestic and foreign) across the board this year and I'm busy using my AAII stock scans to find those canditates!
From around the Social Web!
Want to leave a comment?
If you want to give me some feedback on this post, please contact me
via email or on Twitter