Quote:
Originally Posted by AltonKelsey
I'd declare the result official at this point and all bets and calls for a market correction losers.
Timing is everything, if you bet on the downside you lost, and if you waited to buy, you lost.
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9 years of “this is going to end badly”.
And it will. Probably as soon as the last bear finally throws in the towel and decides they can’t lose in stocks.
Last year around this time, the market broke 20,000 and I made the brilliant call that it would see 19,000 before it saw 21,000. Went to a 30% cash position in anticipation of some bargains.
All that money got bled back in at higher prices over the next 4 months.
I’ve decided that I’m better off getting punched in the face than trying to time the market.
