I’m not a market timer but a global market watcher.  I do believe that there are indicators of the market cycles though.  So since you will be with me a while we will talk about those from time to time.  Is this a long term bull market?  I certainly hope that comes to pass, but you will see evidence that bull or bear there in no stopping what is occurring in certain markets that are growing despite an overall downturn.

The bull/bear cycle adjusts the valuation of winning companies not their value as the best investments to own.  Fundamentally though the reason I do not “time the market” is it just does not work and is not necessary with the right companies in your portfolio.