When predicting what will happen next, don't base your decisions on news or opinions. Plug your ears but open your eyes. Study the major indexes on a daily basis and analyze them objectively. Also take a look at IBD's Mutual Fund Index, which shows how leading funds are performing. No matter what the market activity is, keeping up with it is key.
Bear markets roar in with a vengeance, and so do bull markets.
That's why it's important to catch the next rally in time. Compile a watch list . There is no better time than now to look for new leaders. When the market is struggling, keep an eye out for rising stars. Once the market turns higher, you'll be ready to pounce on quality stocks if they break out to new highs.