The trend is your friend. It's one of the most basic and powerful concepts of investing.
The past four years have been a great example of that. After rebounding sharply In March of 2009, the averages have been on a miraculous run higher, defying all the bears and negative data to hit a series of new multi-year highs. Any pullback in the past four years was a chance to buy low and score quick gains. Take a look at the big rebound in the S&P 500 below.
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