How to dollar-cost average this bear market - surefire can't lose approach

[Cutten]

10% at S&P 850
10% at 750
10% at 650
10% at 550
10% at 450
10% at 350
10% at 250
10% at 150
10% at 50
10% at 10

Ok, I admit the slight flaw is if we hit 1 then you're kinda fucked.

 

[stevegee58]

You'd be living off venison and creek water long before it hits 1.

 

[MTE]

Quote from Cutten:

Ok, I admit the slight flaw is if we hit 1 then you're kinda fucked.

Good one!

 

[IronFist]

i posted this same strategy weeks ago except mine involved hookers and blow.

 

[The Voyager]

You are assuming the market will find a bottom then snap back to new highs.

We could range sideways for a very long time and your money is at risk while returning nothing.

Not too brilliant.

TV

 

[Cutten]

Quote from The Voyager:

You are assuming the market will find a bottom then snap back to new highs.

We could range sideways for a very long time and your money is at risk while returning nothing.

Not too brilliant.

TV

It was a joke, relax.

 

[dtan1e]

i mst be the joke then bc its quite close to what i'm doing right now only of course i got an uncle point somewhere

 

[WyckoffTrader]

Double up to make up all the way down.....the American dream of investing. I hope this bear market is not the one that goes on for a decade....since we just lost a decade fo investments in 12 short months.

 

[saliva]

Quote from Cutten:

Ok, I admit the slight flaw is if we hit 1 then you're kinda fucked.

How brilliant!

It's unfortunate that when the pundits speak of the "Great Depression", they limit their conversation to 25% unemployment rate as opposed to the Dow's 95% nosedive from 400 to less than 30. So you do the math: A 95% freefall from an all-time high of 1565 for $SPX would leave us dangling with a pistol to our head at 78. Hallelujah!

Well, I s'pose you could still double up at 50 and 10 before shooting yourself.

 

[goldenarm]

If we hit 10 we'll be living in another Stone Age (or post-apocalyptic wasteland)!