SUGGESTION FOR 401-K: The title of today's article says it all. Just take a look at the attached image. Not only did the week finish MUCH stronger than last week, but the volume was much higher as well. This suggests a very high probability of a higher move over the next several weeks. The last time the market experienced a week of this kind of strength after a major correction was on 9/4/2010, just a little over a year ago. Is this a guarantee that the market will move higher? Obviously not. But the probabilities favor it. I will be moving my long term funds back into the market again.
Have a great weekend everyone. Any questions, comments or feedback are welcome!
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