earnings might be good but one have to consider the several ...

earnings might be good but one have to consider the several factors.

1)capital moving from small caps to large caps which is generally a positive factor for blue chips,

2)expected tapering from the Fed which dependend on market performance will tilt the overall market down abit shortterm making for viable entry points.

So, wait and see and look for attractive prices to go in, plus some technical trading to average down the costs i guess.