I still think we're heading higher. The long-term types like me should sit tight. I don't really see any major problems. The only thing I don't like, of course, is still the narrowness of the advance. But, on the other hand, the Russell hit another high.
About this quote
- What does it mean?
- The speaker remains optimistic about higher prices, urges long‑term investors to stay put, notes a narrow advance but acknowledges a Russell high.
- In plain terms
- Long‑term investors should stay, despite a narrow rise.
- What can you take from it?
- Hold positions if you have a long‑term view.
Where it applies
Putting it to work
Questions to consider
- What signs would signal a need to reduce exposure?
Another view
Narrow advances can precede reversals.
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