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The economy may be in an initial phase of acceleration upward, even though the last quarter showed a sluggish period(+1.3 %). It is possible the market has already started its next leg upward, with more canny investors already in. Once it is confirmed that the economy is in fact rising again, the market could bound upward sharply as those investors that waited for confirmation of a rising market re-enter the market(meaning you just missed the sweet part of the rise). You sometimes hear advice to sell into a rally when the price/earnings ratio begins to decline and corporate earnings increase, which sounds opposite of what should be, but is borne out by many years of market experience. This advice, of course, requires the intestinal fortitude that can absorb risk and still sleep at night, because it is contrary to the conservative advice of many financial counselors. However, safe investing will never make you rich, you will always be following, not leading, the curve.
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