The latest from Exec Spec.
This continues on my prior comments that we need more time and lower prices to get people negative enough that we can sustain another rally.
This negativity has been missing for a long time and a decent sized market correction has been missing for a long time.
This is not the end of the world. It is normal, reasonable and necessary. It is part of a long term up move.
But I expect more time to pass and lower prices to come before equity investors will be pleased again.
Watch for negative headlines, negative news commentaries, and negative comments on the market from friends and strangers.
When they all happen at the same time, that is usually the best time to buy.
Brian Sly and Company, Inc.