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Pillar of the Community
United States
1172 Posts |
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Preach. I need to predict when the bottom is coming. I have some cash to reallocate. I would wait and see how the next 90 day's play out. I rolled my 'Old Money' into a capitol preservation fund 2 months ago while we were near the top, in order to protect my past gains, mostly bonds with minimal exposure to the rest of the market. Right now only 'New Money' is going into the broader stock market in the form of weekly contributions, I'm anticipating that I will be buying into the market all the way down if things go down the toilet. If not at least I won't lose any retirement money.  |
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Pillar of the Community
United States
1172 Posts |
Or just buy slowly on the day's like today where there's big market pullbacks. Scale in like 10% at a time. I have a feeling we have many more like today coming in the next 6 months.
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Pillar of the Community
United States
1172 Posts |
Also, as I stated previously, keep your eye on Gold. Notice it is still above 4K despite the blood shed in the markets. In fact it's up a little as I write this. There's something up with that  And wherever Gold goes it's little brother Silver will follow. |
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Moderator
 United States
191716 Posts |
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I would wait and see how the next 90 day's play out.   Silver (and gold and the markets) just popped! Silver almost in the ~$59 zone!  Looking for the Fed news...  |
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Moderator
United States
191716 Posts |
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Pillar of the Community
United States
1172 Posts |
Quote:
Silver (and gold and the markets) just popped! Silver almost in the ~$59 zone!
Looking for the Fed news... Nice!!! My P&L for the day just shot up from +3% to +8% Got some Green on my screen  We eating good today!!    |
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Moderator
United States
191716 Posts |
Quote:
Nice!!! My P&L for the day just shot up from +3% to +8%  |
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Pillar of the Community
United States
1172 Posts |
Looks like someone turned the roller coaster back on after the press conference. Night crew really has their work cut out for them.  |
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Moderator
United States
191716 Posts |
What goes up must come down; sometimes really, really fast.  The night crew has opinions. We will see them soon enough. |
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Pillar of the Community
United States
1172 Posts |
Quote:
What goes up must come down; sometimes really, really fast.
The night crew has opinions. We will see them soon enough. Ah yes, the Volitillity, trader's best friend, its back. And there's still big earnings announcements left for the rest of the week. Should be a blast.  |
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Moderator
United States
191716 Posts |
Looks like the night crew got silver back to the underside of ~$58. |
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Pillar of the Community
United States
1172 Posts |
Yes indeed, night crew did not fumble the ball. It's another day with Gold above 4K and all of the major index futures were green in the pre market. No need to fear any rate hikes until September. Dollar weakening slightly. All systems are Go!!  |
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Moderator
United States
191716 Posts |
Quote:
All systems are Go!! |
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Pillar of the Community
United States
1172 Posts |
I got a five nine'er handle on September futures, with some good volume, let's see if it can muster up some momentum. |
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Moderator
United States
191716 Posts |
Markets are still green and silver's trend-line today is going up at a steep-ish angle, kissing that ~$59 zone. |
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Replies: 2,941 / Views: 97,564 |
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Posted Yesterday 1:28 pm
