Now Is The Time To Buy

In the May issue of Canadian MoneySaver , I noted that the flow of “Dumb Money” into the market was at dangerous levels. Dumb Money—as far as we Technical Analysts are concerned—represents investors who typically buy and sell equities at the most inopportune times. Such investors consist of the least financially sophisticated equity participants, such as retail mutual fund buyers, small capped stock investors, small speculators and the like. I also noted in my May...