Clearly the time for a Market pull-back

[explanade]

Nobody going away in May?

 

[REWahoo]

Nobody going away in May?

Did you intend to post this on the travel thread?

 

[Dawg52]

I'm astonished at how many experts there are here. And I thought this was a buy and hold index crowd.

Ha

I'm an expert. At nothing. A damn good one too.

 

[pb4uski]

My portfolio is up 2.2% since the OP.

Yes, clearly time for a pull-back.

 

[EllisWyatt]

Mine too...... and I take full credit for it by having posted my expectations that the opposite would happen

Of course, if that worked, now I'm going to post even MORE dire predictiions of doom and gloom!

 

[Sniggle]

I am sitting at up 11.2% in my 401K....Got to love it but I am almost inclined to move a large portion to a safe fund and be happy with a 11.2% return for 2013. I always aim for double digit returns in my 401K, and have managed to hit that mark 9 of the last 10 years (well, hit 9.8% 1 year in there), so maybe it is time to walk out of the casino?

Heck, if I can just average 10% per year in return retirement in 11 years will be lots of fun (If only)

 

[W2R]

My portfolio is up 2.2% since the OP.

Yes, clearly time for a pull-back.

Mine too...... and I take full credit for it by having posted my expectations that the opposite would happen

Of course, if that worked, now I'm going to post even MORE dire predictiions of doom and gloom!

Mine is up only 1.4% over the past 10 days since this thread was begun, but please keep it up! I need to catch up with the rest of you. So, more gloomy predictions, please! Lots more. The results have been magnificent thus far. Much to my "whee-ful" pleasure, my portfolio value hit yet another lifetime high yesterday.

 

[Andre1969]

I just looked...up about 9.4% so far this year, as of yesterday's close. I did move a little into MM funds yesterday, locking in some gains, and planning on throwing a big chunk at the mortgage this month.

And today, it looks like it's trending up again slightly. Whee!

 

[Gatordoc50]

With bonds getting even more pricey, anyone care to venture when and if money market funds will break the buck?

 

[pb4uski]

....Much to my "whee-ful" pleasure, my portfolio value hit yet another lifetime high yesterday.

We're DOOMED now. Wish you hadn't said that.

 

[Ronstar]

Total investments up 12.30% annualized or 2.59% since 2/10/13 when I started weekly tracking. Or 19.35% annualized outside of cash/real estate accounts. I have my finger on the trigger if something smells fishy - I just don't know where to transfer to.

 

[heeyy_joe]

I am selectively writing covered calls out to November through January 2014. I am expecting a sideways market for the balance of the year.

 

[rjohnla]

I generally take a longer term perspective for market analysis / human species general economic trens (hunter /gather , etc.) than most: 80 years, 300 years, 5,000 years. One thing the data clearly shows in the markets (grafting British market to US in late 1700's). Is that in reality indivual investors are closet market timers, they buy high and when market drops so much they realize they can not recoup anything near price paid, they sell - not the geatest timing strategy, rather basic herding instinct. Sure buy & hold will work sometimes, if you bought in 1932 you broke even in 1964, re., stocks that go to zero are then excluded from index caclations. Bottomline: strategies must shift with the times. Diversified, index buy /hold is a killer right know unless you're going to wait it out 30-50 years. Individuals generally extrapulate the last trend into the future, disinflation in the 90's - it does not stop at zero and return to inflation, goes through x axis = deflation now. It's extremely evident. Peak oil: Bought a Hummer; Houses go up 16% per year, sold 2006 and rented, Dot.com Infinity / Dow 30,000 - shorted. Now: Cash & Cash eqivalents & shorted Euro (USD was dead) and soon will short major markets. (p.s. Not great cocktail party guest - lol)

 

[marko]

My guiding principle for investing is from a Joe Kennedy quote: "Only a fool holds out for the top dollar." [of course Joe Kennedy could afford to say that!]

...and how do you think Joe got to be able to afford to say that?

 

[ziggy29]

As the old saying goes, the market can remain irrational longer than you can remain solvent...