This same phrase has been uttered for over a year while the trend has been decidedly negative. If that's what you're referring, then, I think you're dead on.
We are in a very long holding period. It reminds me of when an business operator takes your call and puts you on "ignore"...sorry...I meant on on "hold."
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.