Stock Market Takes a Break

Stocks opened lower today and are expected to level off for the next 1 or 2 months. Bob Parker of Credit Suisse says to look for the bull market to return by August. (See his comment and link to video interview at:

http://www.cnbc.com/id/31168544


Frankly I'm kind of glad for a break in the run we've been having. Gives me time to pick up more stock at bargain prices. I've taken some profits lately and am looking to position myself for the next leg of the bull market. Technically we are still in a bear market, but there are always bullish periods within bear markets. Since the economy is not expected to fully recover from recession until the final half of 2010, it's likely that there will be volatility and a continued bear market until then. Gives forward thinkers plenty of time to position themselves for a true bull market at the end of 2010 or beginning of 2011. In the mean time, why not take advantage of the current market by buying on the dips and selling on the highs.