I pulled everything out of the market, into cash today (work, recession)

[mathjak107]

to funny , just cancelled all my orders for the 3rd day ...... went back to much to waste the dry powder

[mysticaltyger]

Originally Posted by Snowpacked

Those gains are nothing to get exited about. That margin is easily lost before you ever have a chance to respond to a downturn.

That's irrelevant to the point I was making. Someone made an obviously false claim and I proved it incorrect.

Whether the gain is enough for you or anyone else to get excited about is 1. subjective and 2. another discussion entirely.

[mysticaltyger]

Originally Posted by k374

garden variety pullback, at the moment we are not even 4% below the highs... zzzz, wake me up when we are approaching -10% otherwise it's much ado about nothing!

That's pretty much my thought as well.

[jp03]

Originally Posted by parentologist

All the previous market downturns, I was too lazy and neglectful to pull my retirement out of stocks, and then I kicked myself afterwards. But we did it today. Moved everything (which had all been in a very broad stock index fund) into money market. This is the longest bull market we've ever seen, and I don't see any justification for it.

Now I have to figure out where to invest the money in anticipation of a downturn, that will allow me to jump back into stocks 'when there's blood in the streets'. Yes, I'm trying to time the market.

bump..how is this working out

Well maybe the OP ..got back in

[mathjak107]

I would bet most that sold out ended up throwing in the towel and bought back in higher then they sold out ..it is a story that repeats over and over

[mathjak107]

Originally Posted by parentologist

All the previous market downturns, I was too lazy and neglectful to pull my retirement out of stocks, and then I kicked myself afterwards. But we did it today. Moved everything (which had all been in a very broad stock index fund) into money market. This is the longest bull market we've ever seen, and I don't see any justification for it.

Now I have to figure out where to invest the money in anticipation of a downturn, that will allow me to jump back into stocks 'when there's blood in the streets'. Yes, I'm trying to time the market.

Don’t give up your day job ...this prediction so far couldn’t be more wrong

[k374]

Originally Posted by mathjak107

I would bet most that sold out ended up throwing in the towel and bought back in higher then they sold out ..it is a story that repeats over and over

i'm glad I sold nothing. I was thinking of selling my bonds but glad I kept those as well and just stayed put and just kept up with my contributions.

[jp03]

Originally Posted by k374

i'm glad I sold nothing. I was thinking of selling my bonds but glad I kept those as well and just stayed put and just kept up with my contributions.

set it..forget it

[CaptainNJ]

i just gave my annual gift to my kids so i have buy orders in for them today. i had a few extra bucks for me so i placed a small buy order for myself.

[jdhpa]

Originally Posted by jp03

bump..how is this working out

Well maybe the OP ..got back in

Even if it had worked out for him, it was not the right thing to do. There is no way to know a priori what the result will be, so it's just gambling with one's life savings. For some number of people who do this, by luck, it will work out for them. But even so, it's still just a complete gamble with one's life savings.