So I just bailed out of this market

[raVar]

After a 10 year run, I would not keep buying either.

But what if this is a 1997 or 1998? And we have three more years of gains?

Tough to sit through ...

 

[fan27]

boom...just moved the remaining 40% of my 401k to cash now. i'm gonna sleep real nice tonight with my pile of cash.

Perhaps, but you might be crying to Santa if we have a melt up between now and Christmas.

 

[vincentnyc]

Perhaps, but you might be crying to Santa if we have a melt up between now and Christmas.

maybe or maybe not. no one knows the future. for me, better be safe than sorry.

 

[murray t turtle]

Not to worry,"SimpleMeLike, I will ring a bell for Kmiklas,the OP

%%
OK not to worry;
with strong stock seasonals in 4th quarter+ 1st quarter/millionaire uptrend bias. Dont be be surprised if some front run you. NOT a prediction -TSLA was down YTD, yesterdays close.............................................................................................

 

[vincentnyc]

i'm a contrarian. i usually do the opposite what the crowds said. when everyone said 2019 was gonna be a recession year...i keep buying. now that everyone around me say we are in the bullish market. i take profit. works so far for me. lol.

 

[noddyboy]

i usually do the opposite what the crowds said. when everyone said 2019 was gonna be a recession year...i keep buying. now that everyone around me say we are in the bullish market. i take profit. works so far for me. lol.

Strange because everyone around me is a bear. Inverted yield curve etc.

 

[zdreg]

Strange because everyone around me is a bear. Inverted yield curve etc.

His boys are the Good Fellas at the local barber shop.

 

[vincentnyc]

Strange because everyone around me is a bear. Inverted yield curve etc.

depend on your group of friends i guess.

 

[noddyboy]

His boys are the Good Fellas at the local barber shop.

Those might be better friends actually.

 

[Edmond]

I have explained this point before...

the 'professionals' is a very wide category - typical buy side mutual fund managers are NOT my pro boys.... these people are educated in the conventional way and think very similarly to retail... MY pro boys are e.g. the trading arm of GS... who truly knows how to manipulate.

retail is universally dumb money, hence my favorite indicator is based on retail sentiment... where as if you look at professional sentiment like CoT of 'big speculators' you get confused..

My pro boys say your pro boys are wrong. The smart money is in checking accounts and the snakes are trying thier best to get that checking account money before they pull the rug out from under every long. They're desperate to fuel this market and will use every trick to get you in....no commission trades? Trying to sucker in the millennials.