After a new high we probably will have another new high

Monday, November 11, 2013 Francisco Carneiro 0 Comments

Companies are racing to issue stock and bonds because markets are high, offering great prices for sellers, said Michael Farr, president of Farr, Miller & Washington, which oversees more than $950 million in Washington, D.C.. Issuers are grabbing current terms before markets fade. That makes experienced investors ask themselves a classic question: If the smart money is selling, should we be buying?

http://blogs.wsj.com/moneybeat/2013/11/10/flurry-of-stock-bond-issuance-is-a-danger-sign-for-markets/

This plus this graph from John P. Hussman, Ph.D. What to say? SELL ? No way i think after a new high we will probably will have another new high. Even if the next 10 years are not going to be great i think the next year could be very ok? Why? because when the markets are at new highs nobody is loosing money (Except the shorts & skeptics)  and the i see more pressure from people in the sidelines to buy than people that are in to exit. When is the ideal time to sell? after a big correction has started, you have to lose some 10% to 15 % and let some time pass before cutting. 





0 comentários: