What to do Now That Stocks are Running

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	Friday October 28, 2011  Email Me | Visit WyattResearch.com | Subscribe | Unsubscribe Trouble Reading this Email? - Click Here The Euro Deal is Done, Part II Stocks are Running The Case for Financials Fellow Investor, Talk about a relief rally. The S&P 500 put in its biggest move since 1974 after Europe announced several concrete steps to end the Greek debt crisis and protect the Euro-banks. Of course, the plan has its flaws. Greece is allowed 50% default on bonds held by Euro-banks, but other investors will still be paid in full. In total, Greek's debt-to-GDP ration is reduced from 180% to 120% by this deal. That's a marked improvement, for sure, but it's not a cure-all. Also, the EU is apparently picking up 30 billion euro of the default tab. It's not clear if that's a lump sum payment to Euro-banks. Nor is it clear exactly how the EFSF bailout fund will balloon to $940 euro ($1.4 trillion). It appears at least some of that will take the form of asset guarantees and insurance, reminiscent of TARP, but the details seem to be lacking. All in all, it's great to have a deal in place. I expect I'm as relieved to be able to stop writing on this subject as you are to stop reading on it. But fair warning: there are still risks that something could de-rail the plan before it's fully implemented. Now, after yesterday's impressive move higher, we should be examining how to play this rally. If you're fully invested, then you can simply ride it out and enjoy the capital gains that I expect are coming. Like Jason Cimpl's TradeMaster Daily Stocks Alerts readers who were told by him on October 4 to invest very aggressively bullish. If you're not invested, or not invested enough, you should be looking to take advantage of the first sign of weakness to get positioned. There's a very good chance that the stock market has embarked on a breakaway bull run. That simply means that there won't be many opportunities to buy the dips, and that any dip will be shallow and short-lived. We've seen this type of advance several times since the market bottomed in March of 2009. In fact, that rally out of the hole lasted over a year, and only offered one dip that was in the 10% range. The rally from July 2010 to May 2011 was a similar steady march higher... [continue reading at WyattResearch.com]       Click to view the remainder of the article... 'Social Security is about to be cut BY HALF. Medicare too!' This analyst warned the world about the great real estate bust and credit crisis in 2007. Is he right? View his new FREE video and judge for yourself. Warning: Content may be too disturbing for some viewers. Click here to watch the new uncensored video.       Previous Issues of Daily Profit The Euro Deal is Done Are Oil and Gold Anticipating QE3 Is the Housing Market Improving? For more issues click here »   Market Snapshot U.S. Markets - Oct 27 Close Dow Jones 12,208.55 +340 (+2.86%) S&P 500 1,284.59 +42.59 (+3.43%) Nasdaq 2,738.63 +87.96 (+3.32%) Articles From Wyatt Investment Research I'm Buying This Precious Metals ETF I'm putting in a Good-til-Cancelled bid at $155 a share on this precious metal ETF. more» The Only Indicator I Use Wyatt Investment Research's Chief Options Strategist Andy Crowder shares the technical indicator he uses. more» Another Risky Commodity Investment Putting your money in a company that explores for or mines rare earth is a speculation-only venture by any definition of the word. more» Independent Investment Services Wyatt Investment Research provides investment research that is independent of the back door deals and machinations of Wall Street. more» Need to retrieve your password in order to view our articles? Click here. Disclaimer & Important Information WyattResearch.com is owned and published by Business Financial Publishing, LLC. Business Financial Publishing is neither a registered investment adviser nor a broker/dealer. Readers are advised that this electronic publication is issued solely for information purposes and should not to be construed as an offer to sell or the solicitation of an offer to buy any security. We encourage you to review our full Email and Disclosure policies. To view our Email Policy, please click here. To view our Disclosure Policy, please click here. If you believe this communication to be a mistake or unsolicited, please e-mail abuse@bfpnewsletters.com with details regarding your situation, and we will be sure to promptly investigate your situation. Did a friend forward you this newsletter? Click here to sign up for Daily Profit today! You are subscribed with the following email address: ignoble.experiment@arconati.us To unsubscribe from this newsletter, please click here. Copyright (c) 2011 Business Financial Publishing, LLC. | Privacy Policy Wyatt Investment Research c/o Business Financial Publishing 65 Railroad Street Richmond, VT 05477 PO Box 790