Richard Russell turns bullish

Dow Jones theorist Richard Russell has always been bearish on stocks. 

However, Russell is now recommending that investors should buy stocks via the Dow Jones Industrial Average. 

“Yes, I know that this market is uncorrected during its long rise from the 2009 low, and I know that there are risks in buying an uncorrected advance that is becoming uncomfortably long in the tooth, but my suggestion is that my subscribers should take a chance (after all, Columbus took a chance) and take a position in the DIAs.”

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