Summary: Continue to maintain a LONG/HOLD position.
The stock market continues to push higher, setting new daily highs in the process. The trend is most definitely up. As such, there is no change in our overall position for the time being. As my mathematical work clearly shows and as I have stated numerous times here, the bear market will start in 2014. If you would like to know the exact date of the turn, I will make that information available in early 2014.
For now, the market continues to linger around its all time highs. My previous updates and various fundamental issues associated with the market remain right on the money. Please click on the links below to see them.
As we continue to hold our long position while waiting for the market reversal, right now might be a good time to start thinking about how you would liquidate your holding and/or re-allocate your capital once the bear market of 2014-2017 starts.
If you would like to take it one step further, this is a good time to start researching SHORT opportunities.
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Stock Market Update, December 19, 2013