The Rokslide Stock Traders Thread

Bad day when I went from up 6% on the year to only up 3% in one day!
I'm selling the last 1/3rd I had in Money markets....expecting another leg down as soon as next week to get that $$ in the markets.

The big name Tech companies getting hit hard.....but stuff like my BRK-B is only off .33% and up pretty good for the year. It will be interesting to see what Buffet does with his cash hoard.
Yeah, without BRK.b, my year would look a lot worse. COST and VZ somehow managed not to lose any as well. Brk.b will never be my huge gainer, but time has shown that it is a reliable horse.
 
Admittedly, I am trying what is generally considered a fool's errand of timing the market.

It is a good time to have fun money to ride some of the ups and downs. My fun money is also all in or all out - right now it’s all cash so I’m pretty happy. I continue to do well assuming the market is overly optimistic until bad news hits it in the face. I wish I had shorted something yesterday, but I’m trying to avoid that and only ride the ups and cash out. 🙂
 
Another 1000 pts "liberated" from the Dow Jones overnight. We're at 39K and change, and that's before the jobs number comes out.

So far about $3T in equity value gone.

I went to 45% cash before the election for just this scenario (emulating Buffett). Still don't think there's buying opportunities yet.
 
I’m kinda thinking that we all have seen the market making new highs ....monthly and yearly for some years now. And much of the highs came on the back of euphoria and printed money. At the start of Trump’s term, the PE on the SPY was pushing 30.

We all knew this day would come when a financial panic (certainly in the media) pulls money out of the market like a tsunami.

That is when you buy the market on sale and start feathering dollars into it. No retail investor can pick the bottom, but they can see the market when it starts to go on sale.
 
For reference, as far as yearly averages, market has lost about a years worth of growth. Covid saw about a 3 year loss from high to low. I’m averaging in as it falls. My crystal ball is fuzzy on if global trade war or global pandemic brings about the largest decline.
 
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