The plunge in the metals as well as the recent weakness in crude should not be ignored. Eventually going long gold and silver will be the opportunity of a lifetime. The question is when? The weakness in commodities should be taken very seriously as it looks to be the forerunner of a deflationary cycle which should become apparent later this summer. Market cycles argue for a very important and long lasting top in stocks to be made during the second half of July. Until then stocks should be extremely strong with a "tulip mania" frenzy into early July. Look for the S&P to possibly get as high as 1750 before it's over. After July, be very careful as fortunes will be lost by the unsuspecting. I think the chance of the above not happening is exremely small. There are a lot of good people on this board. I hope you at least factor all this into your investiment strategy moving forward.
Mekop, that's a good question. A real conundrum. I'm hoping we get a nice run into July. If the market gets totally nuked, it will get very ugly, very fast for most stocks. Even those with great fundamentals. For me a lot will depend on how ATRS does into July. Right now my gut is to give it a little more rope than most stocks to see how it reacts. My gut also tells me we will be nicely higher by then. Bottom line is that everything will have to be watched very closely. Hey, if all this is wrong then all the alarm bells mean nothing. But I don't think that will be the case.