Tuesday, July 14, 2009

S & P 500

Many floor traders believe that the S&P 500 is very fairly valued in the 900's. The wayBLUECHIPOPTIONS.COM sees this is that it is a reason to sell fairly valued stocks we've made money on.

Raise your suspicions when there have been large moves up in the stock market, as we've seen this past 6 months, huge government expansion and increasing debt, and when we are now at fair value. Rising values too quickly create bubbles.