Downtrend?

We're almost halfway through April and the market is still in correction. A couple of market timer websites that I follow have decided that we are in a downtrend and have issued sell signals. They also did that in 2016 and it didn't turn out so well for them. Is this another false alarm? Time will tell. I am standing pat, for now.

In the mean time, I keep telling myself that we need volatility. Volatility and risk are, in a sense, what create the opportunity.

Update 4/20: The leading indicators are looking good for this month. Only party poopers are the reduced money supply and rising oil prices. But oil prices (inflation) might be enough to keep markets going sideways for a while.

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