One of the less fun parts of writing investment strategy is that there can be long periods where the strategy should remain in place - meaning I have little new to say. That's where we are right now on strategy. However, the Australia 200 index is hitting an important level, so my job is to highlight the virtues of acting now.
I've been writing about the strategic approach to a highly volatile market that is essentially swinging around a slightly improving outlook since last year. The approach remains the same - stock picking and actively taking advantage of market swings. Here's some of the posts:
In that context, a picture says it all:
Notice the index is at the top of the recent trading range? Sold anything yet?