Now I am faced with a 401k dilemma.....buy back in at these lower prices and settle for outperforming the market by 7% or so roughly (I will of course get the end of day pricing so no trying to get the intraday low or something), sit on my hands and wait, OR slowly start moving back in....decisions decisions
Gotta love ZERO RISK in the SP500 = $$$
- Thread starter makloda
- Start date
See thats the dilemma that everyone is sitting on, by next week if the dow is sitting back around 16,500+ you will be like I should have done it and if its sitting below 15,500 you will be glad you waited, best thing to do is buy a little here and there, buy 1/4 position and slowly get into your stocks you are following
Exactly lol. I am of course averaging in throughout all of this from my contributions, but that is just twice a month.
Oh boy won't this make for great headlines.
Im thinking if this rally holds and sticks and closes at the highs of the day china should surge tonight leading europe to surge and then our markets to surge again tomorrow once again, Im buying CHAU on anticipation of this huge rally for the rest of the week...I can see the headlines on cnbc now come friday evening, "markets erase all losses for the week, THE BULL IS BACK"
hahah
at another standing point, does the rally continue into tomorrow with profit taking going into the weekend or is this rally strong enough to take it into the end of the week......as much as I feel like adding on some more short etfs Im having trouble deciding....made 5 trades so far today