There has been an unprecedented "liquidity crisis" rally up to the S&P 500 1,350 level.
Austin, TX (PRWEB) February 14, 2012
John Carter’s “Time for a Rest” in the recent Absolute Wealth newsletter predicts it's time for the stock market to take a rest. There has been an unprecedented "liquidity crisis" rally up to the S&P 500 1,350 level, explains the recent Absolute Wealth newsletter.
There are stocks, explains the recent Absolute Wealth newsletter, that have added over $25 billion in market cap in just the last few weeks alone, there is a sea of cash swirling around out there thanks to Quantitative Easing. Banks find it too risky to lend all that money they are sitting on, adds the Absolute Wealth newsletter.
This market has fired off multiple technical signals for a short term top, reveals the recent Absolute Wealth newsletter, and these recent highs could hold over the next 4 weeks of trading, which means a couple of things. First, be patient by sitting on the sidelines waiting to get in, because now is not the time advises the recent Absolute Wealth newsletter. Buying in now would be a classic case of buying the top, which is what the "crowds" tend to do, adds the newsletter, and happens when the emotional pain of "leaving money on the table" becomes too great to resist.
It triggers an impulse in the brain to "dive in" and be a part of the move, explains the recent Absolute Wealth newsletter, at exactly the wrong time. The emotional part of the brain is the absolute worst judge of when to get in and out of stocks, advises the newsletter, in fact, do the exact opposite of what emotions say to be well ahead on investments.
So what to do now, with this current market, is the question in every one's mind, reveals the current Absolute Wealth newsletter. There are a lot of different signals coming together this week to call an intermediate term top in this market, explains the recent newsletter by Absolute Wealth, and there are two main plays that can be made. Visit the AbsoluteWealth.com website, and read the rest of the “Time for a Rest” by John Carter article to find out what plays can be made.