My recommendation, and what I have been doing is slowly accumilating shares in high dividend stocks as well as companies that will grow when the recovery begins. If you have say $25,000 to invest, then maybe buy $500 worth every month for the next 5 months. That way if the market goes down you can take advantage of it a little later on. I'm one of those people who feel the media is blowing think out of proportion a bit. Earns have been coming in for many companies and they are better then expected. Some leading indicators also are starting to show a turnaround.
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