drunkle–The answer is Yes.
Watching the roller coaster today, I would guess it will still be quite volatile. By the 10 percent definition, we still haven’t even had a correction. I’ve been waiting on a solid slide to put money back in to indexes, but I think I’ll hold off until at least 12500, and more again if it drops below the 11000 mark–I think it has a fair chance (see image). Until then, I am only holding individual long term stocks. I wont get overly nervous on those until the overall market drops below the 10k mark, but I don’t see that as likely, unless Edwards wins the primary, Hillary the presidency or Bush has another press conference on how great is the economy are.
[img_assist|nid=4342|title=DJIA|desc=Line of pain==11000|link=node|align=center|width=466|height=350]
-one muggle
