BRINKER / MT NEWS ... ALERT ISSUED TODAY TO SELL ALL VTI POSITION
MODEL ALERT ISSUED TODAY ... SOLD ALL POSITIONS IN VTI IN ALL PORTFOLIOS. WOW THIS IS IT!!! IT'S BEEN 10 YEARS SINCE THE FAMOUS BUY IN MARCH, 2003. I can't believe he's finally turning bear when everyone and their grandmother are bullish, can you?
Go ahead and sell. Who cares? Certainly not moi. I'm in this for the next 50 years - at least! Trying to time the market is a fools' game if ever there was one. Even if you occasionally get it right, the taxes will eat you alive.
Did you see Needer's video interview on Bloomberg yesterday, very interesting cyle top being put in March. Check it out. He nailed the 2007 top and the last 3 yearly drops in Spring and Summer. For my meney, that's as close to perfect market timing as one can be. This gasp takes us as high as 1453 or 1466, and with all the larger no earnings growth tech companies issuing dividends or higher dividends, this is a signal that growth is no longer the name of the game, capital preservation and safety are. This cyle begins in March and April and continues into 2016 and 2018 period, at which time, we may finally see a resumption of the Bull from years past. Until then, thebookstar1 signing out!!!