What does it mean for our Investments?
- Mutual Funds - If invested in market then stay put as market continues to show bullish signs. If invested in debt/bond funds then remain invested but DO NOT take a loss more than 8-10%. If in cash/liquid funds/FDs then stay put, NO need to jump into markets especially when we expect lot of volatility ahead of us, have patience and wait for right opportunity.
- Stocks/ETFs - ONLY invest in strong patterns and DO NOT forget to have STOP LIMIT in place. You may want to check out our new position sizing spreadsheet as well as Watch List.
Market continue to be in bullish trend for now...