I'll tell you why. The market is not the economy. The market tends to move about half a year before the economy does, because investors make their decisions based on what they expect to happen. If, as I expect, the economy is in recovery about the middle of next year, then the first part of this year is about the time to begin investing again. Anyone who waits for a stong sign of an economic recovery, has missed a huge part of the market recovery. That's why I'm sitting tight.
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