Now’s a good time to take some profits. Here’s why. As far as I know about market rallies, my instinct tells me the rally will continue to go on. I mean, money is flowing, people think we have seen the bottom. Especially when you’re getting headlines like “Stocks Have Already Bottomed. How We know?” The Dow has sneaked past the bear’s eyes. And it’s already up 19%, from the bottom in earlier September. The S&P 500 is up 12% over the same period. The Dow could possibly go back up past 36,000. The S&P 500 could possibly go back up past 4,000. But don’t take my word for it. I’m just plucking numbers from thin air. I mean, what do I know about market predictions? I only (try to) collect great businesses. Trending What’s driving this bear market rally First, in yesterday’s meeting, the Fed said they could slow down rate hikes (but more on that later)...