sell now

a couple of this evening's headlines on money.cnn.com:

"yahoo disappoints again"
"intel tumbles as margins miss"

the "santa rally" in the final week of 2006 plus the run up so far in 2007 doesn't make any sense. this economy has serious issues with the price of energy, and yet the dow has reached an all time high in the last three sessions.

14000 is an overbought market. earnings season is here, and the headlines above suggest tech isn't going to make it. the sell off is at hand.

this blogger (investor) has money on the sidelines and plans to wait another year or so until the market finds it's bottom, to put those funds in play. investing now is asking for losses in shareprice.

if one feels determined to purchase corporate shares, then purchase PG BEFORE 07.20. you will qualify for the august dividend and be in a great position for the selloff, because people need soap, toilet paper, and detergent even during a bear market. the street knows this and it's only a matter of time until they seek safety in a company like PG.