05 August 2007

High-Risk, Low-Risk, What's Next?

When this blog was first posted in June, I made the statement, "A more productive method of looking at the market is whether it is at a high-risk or low-risk level. When the market is at a high-risk level, you must be very cautious when investing, regardless of the overall market trend (up or down). Today, the market is at a very high-risk level."

Well, you may be wondering if I knew the market was going to down this significantly. You may also be wondering whether it will continue to go down even more. The answer to both is: yes and no and I don't know. So, wait until next time!

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