I am still in cash and not putting money to work in the market this summer. Waiting for the correction that never comes. Have you ever waited at a bus stop and the bus doesn't show up? Feels a little like that.
It doesn't seem to matter about domestic stock earnings or foreign market problems right now. It's just when is Bernanke and the Fed going to stop stimulating the economy. That's all that matters. That's all that people are watching. It seems as long as the Fed is in the news all the time promising the moon and stars, everything is okay.
I'm not going to play along because I still believe in the greater fool theory.
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Still at home with broken feet. BROKEN!
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