iamwhatiseem
Diamond Member
Only thing I can tell you Cammp...you are riding a wave. It is fun and awesome while it last - but if your timing is off just one or two days when this bubble ends - your gains will vaporize right before your eyes and you will lose large.
In 2009 I made over 30%. I didn't lose one dime in 2008 because my timing was perfect, which I will probably not be that lucky ever again. I missed the 2008 nose-dive by just a couple months, and I got back in at just over 9,200 in '09 and sold out at in late-late 2010 when it was just about 11,400.
I have been out ever since.
We are at prime market peak. The market is selling higher now than pre-recession, pre-European debt crises, pre-China trouble etc. etc. etc.
It is insanely high, worse really than in 2007.
It is going to burst, I don't know of anyone who thinks otherwise...it is simply a matter of when.
I am not risking my retirement on a market that is waaaay oversold.
In 2009 I made over 30%. I didn't lose one dime in 2008 because my timing was perfect, which I will probably not be that lucky ever again. I missed the 2008 nose-dive by just a couple months, and I got back in at just over 9,200 in '09 and sold out at in late-late 2010 when it was just about 11,400.
I have been out ever since.
We are at prime market peak. The market is selling higher now than pre-recession, pre-European debt crises, pre-China trouble etc. etc. etc.
It is insanely high, worse really than in 2007.
It is going to burst, I don't know of anyone who thinks otherwise...it is simply a matter of when.
I am not risking my retirement on a market that is waaaay oversold.