Friday, May 22, 2009

Steady as she goes

Everything's looking pretty good in the market lately.

That 8,000 level in the Dow has held strong and it seems like some individual stocks are continuing their upward trajectory.

I'm still staying right where I am.

But that doesn't mean you should.

If you've got the guts (like the ones I lack) then there are probably some really decent values in stocks right now. And if you use dollar-cost averaging, your are probably already taking advantage of some of the lowest stock prices we've seen in a long time.

But I still have too much of a sense that we're not out of the woods yet. And that keeps me on the sidelines.

Happy investing.

Brian.

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