Monday, March 12, 2012
Good Morning. 3rd year of bull run
The market marked the third year of bull run a few days ago. As you can see in the chart, valuation wise is not expensive and looks reasonable. I still have my worries though.
I did a bull run study a while back(http://turtleinvestor888.blogspot.com/2009/07/study-of-bull-markets.html). An average bull run is about 3.89 years. I do not how much longer it will continue to run but I'm still waiting for a significant pull back (10-12%) before moving some funds.