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cantly deteriorate. A quick review of my daily trend analysis table shows that all 4 of the major equity indices are still maintaining their intermediate uptrends (see recent Market Condition Summary report).
Chart 1
Whether any of the above occurs concerns me not at all. Instead, I am looking for opportunity to acquire good stocks at cheaper prices relative to where they stand today. To begin, we must first construct a definition of a good stock. peak, contraction, trough, or expansion) we are in, the definition of what makes a good stock will vary. As I view the economy still in a state of contraction and at best in a decelerating free fall that is converging towards a trough, Louis Vuitton Sologne Brown Shoulder Bags M42250 outlet the
Louis Vuitton Speedy 30 White Shoulder Bags N40391 outlet current environment remains scarce of liquidity and credit. Yes, the Fed has been desperately priming the pump with its extraordinary stimulus efforts, but most of this liquidity is being sucked up to replenish capital requirements demanded from bad loans or administered to "financial vegetables of state fair proportions" on life support instead of the small businesses (must get one in for the team whenever there is an opportunity) which are vital capillaries for delivering growth, employment, and innovation throughout our Louis Vuitton Calypso GM Black Messenger Bags N41204 outlet economy.
While
Louis Vuitton Citadine PM Brown Shoulder Bags M94177 outlet the dollar is likened to trash, the king remains cash. Therefore, in such an environment and in the
Louis Vuitton Selene PM Beige Shoulder Bags M93984 outlet event of a market correction, I prefer not to fret about whether tomorrow tomorrow will ever arrive safely, but take great delight in watching the share pr
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