The Rokslide Stock Traders Thread

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.
 
Since this is a TRADER thread I’m wondering how many traders are excited about this volatility and see it as a huge opportunity?
I’m retired and am somewhat conservative, but also have a not small % of portfolio that I trade. I raised cash in anticipation of what’s happening now, but probably not enough. Got my tit in the wringer on a couple of trades, but overall see this as an opportunity.
 
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