Most of us know the story of Colonel George Custer’s 7th Cavalry and how they were crushed by the alliance of Lakota Sioux, Cheyenne and Arapaho tribes led by Crazy Horse and Sitting Bull. Historians have said that Colonel Custer was warned several times of the size of the Indian alliance.  He had six Crow scouts, Whiteman Runs Him, Curley, Hairy Moccasin, Goes Ahead, Half Yellow Face and White Swan who warned Colonel Custer, but he paid little attention. The “scout indicators” that we are listing here suggest overall caution in the stock market is warranted. We are not suggesting to indiscriminately dump shares but rather to consider taking money off the table and await  much better buying opportunities later after or during a decline. It could be very severe so look for and await “sales” on stocks that you find as undervalued.  More than ever at these high valuation levels, one should insist on value. Above all, make sure that you read the conclusion that attempts to put all this together.                                  The “vacuum” level under the stock market …                                                        A “vacuum” you may ask; it is a way of describing the fact that far too many shares have been bought at the high end of … Continue reading Custer’s Last Stand and the Stock Market today