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Old 10-03-2022, 10:35 AM   #4473
Rex Phinney
Registered User
 
Join Date: Nov 2012
Location: Bakersfield, CA
Posts: 1,791
Quote:
Originally Posted by lamboguy View Post
i made a mistake on the 40 month moving average, we HIT IT ON FRIDAY.

your long-term investment strategy is going to turn out great if you like to burn up your and your family's assets.

at the very best case, i see no bounce in these equities until June of 2023. you have no better than a zero chance that your strategy makes any sense at all until maybe June, then we will take a look at things then. bear markets can be very nasty and fool the best of us.

just to be very repetitive, you have no good reason what so ever to place your assets on high risk at this stage of the game.

So your strategy is to time the market. Got it.
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