Is this sell off only the beginning ?

[Concinnity]

I understand what you're saying, but shorting in general is a different conversation then what we are discussing, and that is recession. Shorting at a top before a dip as price action displays certain signs of a higher probability the market will drop in the short term is miles different than a 25 to 50 percent crash/ recession, and you cannot see that until certain thresholds have been violated, and certainly not from price action at a top.

Ok. Yes that is fair we are on basically the same page than. I just didn't realize it. My apologies.

 

[deaddog]

Other people simply leave their money as the market has a 100% historical rate of return. Of course this is all dependent on what stage of life you are in. The older you are your investments are structured more conservatively. My parents have had theirs in cash for a year now and missed out on a HUGE move. Doubt any correction will make up for the amount they have lost, but at the same time, they are in their 60s. They cannot afford to chance it.

That's where I'm at. I want to be in the market but I don't want to suffer the drawdowns. Solution is to sell stocks that aren't trending.

 

[deaddog]

i had a similar strategy in 2020 and 2021 and it worked incredibly until around June 2021. I was beginning to think i was a genius like that limitless dude. and then, i have to admit i really started struggling. a lot of "momentum stocks" have basically tanked since June/July 2021. It's actually been well covered on most investing sites (eg., 50% of stocks in whatever index are now over 20/50% lower than blah blah). imho, it's bullish for the overall market as these stocks that have been in a bear market for 6+ months have a chance to start to recover.

Yes I got shook out of a few but kept buying stocks that were going up. Now have financials and energy instead of tech

 

[Bugsy]

That's where I'm at. I want to be in the market but I don't want to suffer the drawdowns. Solution is to sell stocks that aren't trending.

I think even if the market crashed my parents might not put their money back in. Falling daggers or risk averse. I think they are content and will not risk it this close to the end.

 

[deaddog]

I think even if the market crashed my parents might not put their money back in. Falling daggers or risk averse. I think they are content and will not risk it this close to the end.

Being content is what matters.