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.”