I am going back in at about 10,000.
Anyone else got an opinion?
I bolted at 12,100.
“I am going back in at about 10,000.
“Anyone else got an opinion?”
Yes: Stay in cash.
Things may get a lot worse (the Europe situation
still has to shake out).
Considering where it was during 2007/2008 you might want to reconsider since we are on the edge of an abyss.
The stocks I want to buy are up, or priced too high. It is the stocks nobody wants that are going down.
10 K seems shaky to me. Looking for a lower number but I’m not sure what that is at the moment. My rather personalized math shows that I should not be getting back in till it dips below 9 K, maybe even 8 k
Mkt on a stairstep lower...will be up days, but steadily lower way lower than 10,000...March ‘09 lows initial target, but could go lower still...
Banks getting killed? Buy FAZ...up 11% today
Europe got you worried? Try EPV or EUO up 4.9% & 2.9 today
Small caps getting smaller? Try some TZA up 13.2% right now
Worried about tech? Get some TYP - up 5.6% today
Think S&P is going lower? Get some SDS, up 4.8 right now
These are all leveraged bear etf’s...
I suggest looking at the momentum, not the numbers. If momentum is downward, you might consider holding out until that reverses...
This admin is doing nothing but hurting business.
This admin is doing nothing but hurting business.
not before 8000 +/- a few 100 points