NYEXPAT
Thinks s/he gets paid by the post
I went to mostly cash the beginning of the month. I find myself nibbling a bit today and have bought around 10% (SPY). Anybody else thinking we are close to a bottom?
ETA: I'm trying hard not to nibble here, having trouble keeping my keys off the keyboard. I actually hope to pick up some emerging markets and Japan, but really need to stay away as they are very likely to fall overnight due to the wash out domestically today. (Emerging markets because I think I am underweight there and Japan because I think the market there technically looks better than it has in many many years even decades).
I knew it wouldn’t be long before we started seeing some posts from the people that went to cash a week or two ago.
I knew it wouldn’t be long before we started seeing some posts from the people that went to cash a week or two ago.
Never occurred to me that this thread was going to be about money. Talk about being disappointed!
I will probably buy a bit more today (10%). Interesting factoid. The day after a big move like yesterday:
51% of the time the market moves up 1% the following day.
49% of the time the market moves down 2% the following day.
I bought a really tiny amount of BUD today.
A 6-pack?
I bought a really tiny amount of BUD today.
The market is going to have to get down to near the lows of the year for me to be interested in doing anything significant.