Just when you think you should dump all your equities...

Suddenly all the markets are soaring.  With all the bad news emanating from all economies, you would think the markets are going to crumble.  Sell and then wait and buy back on the cheap?  I have been through this before.  You can never pick where the trough is going to be.  An event occurs and it changes things.

But don't be fooled.  Just because the ECB is issuing a bond-buying plan does not mean everything is rosy.  My point was if you dumped your shares yesterday, you would be crying today.  Who knows what will happen next week.  What I do is just buy what I think is good value and resilient.  Oil and gold preferably.