A diary of the thought process behind my investment decisions
No Reason To Buy Is A Reason To Buy
The time to buy, if only for a trade, is when there is no reason to buy. I believe we are currently in that type of environment. The image below is the story box from CNBC.com
6 out of the 7 featured stories are bearish. In late April when it was time to sell I am pretty sure most of the articles would have been bullish. I believe we will make more downside progress at some point but for now I believe that the downside is becoming a little too easy.