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Replies: 2,934 / Views: 97,153 |
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Pillar of the Community
United States
1168 Posts |
Quote: 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
1168 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
1168 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
191622 Posts |
Quote: 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
191622 Posts |
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Pillar of the Community
United States
1168 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
191622 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
1168 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
191622 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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Replies: 2,934 / Views: 97,153 |