Dr. Doom Says "Buy and Hold" is Dead

Negative Nancy article here by Fritz Hottinger but there's some good points in it.  The Masters have been preaching this market is all about timing these days, In & Out Burger investing is the only way to go. "Do not allow yourself to get swept up in the euphoria that comes with those 3-digit upward bounces of the Dow we have seen lately. Recognize them for what they are. Some, the naturals, are the result of normal market restructuring - the ebb and flow of demand and supply. But these do not come frequently."

Enjoy the Doom -- Why This Is No Time for Buy and Hold

At the risk of being labeled a perpetual pessimist, or a disciple of Dr. Doom (Nouriel Roubini), let me offer a few words of caution.

Do not allow yourself to get swept up in the euphoria that comes with those 3-digit upward bounces of the Dow we have seen lately. Recognize them for what they are. Some, the naturals, are the result of normal market restructuring - the ebb and flow of demand and supply. But these do not come frequently.

Others, especially those that begin in that last hour prior to market close, could be attributed at least in part to manipulation. You can read more about it here, here, and here.

For those of you with a deeper sense of foreboding and perhaps a case of “administration mistrust”, we suggest you familiarize yourself with the “Cloward-Piven Strategy” if you do not already know of it. I am quite certain Rahm Emanuel does.

At the moment the market appears healthy, the Dow resting significantly above the 8,000 level where the PWG/PPT seems wont to keep it. And there are other positives in the air: the Administration is promising goodies by the basketful, all to be paid for with future savings. Government economists are telling us it has been a “V” shaped recession, and that we are on the road to recovery, “even though employment may continue to lag”.

Against these rays of sunshine, it does appear some clouds are forming. And if enough of them align themselves, we could be in for a “perfect storm”.

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SOURCE: http://seekingalpha.com/article/149837-why-this-is-no-time-for-buy-and-hold