I've concluded there's no trend in this market. Lots of negativity today, but look closely and you'll see just bloated corpses of dying bank stocks. All the good stocks I want (INTC, MSFT, miners, energy) are either up or have not dropped to my buy targets. I think if I waited for those to rise, that would be too late. Similarly waiting for them to peak and fall would be tricky. So in the zig zag market I am trying buy and sell targets instead.
So our trend is sideways, the market’s in a correction, and instead of researching and buying I’m researching and researching. In the meantime it’s been loads of fun sitting on a pile of cash watching a price plunge that’ll make the next bull bigger than ever.