Quote:
Originally Posted by EDS_
100% great post. Being out is more risky than being in....traditional savers and mattress stuffers are getting killed as usual.
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this is a prime example how no one can tell the difference early on between the market reversing and a suckers rally ...
markets turn long before there are signs it is going to be a meaningful pop .
no one knows how long or how far things will go up despite the visions of whats next .
like i say , if you can't time it exactly then just picking a date range can mean little . one likely gave up so much by not being committed that when the down turn finally comes they may still be ahead of bailing out.
80% to 90% of the time is spent just going no where so those big up days are the real meat and they are few.
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