(05-12-2021, 02:04 PM)The Real Marty Wrote:

(05-12-2021, 01:46 PM)HURRICANE!!! Wrote: Nobody can predict the bottom so you gotta jump back in sometime.  By nature, I usually get back in just prior to the bottom as opposed to waking up and watching the premarket jump 10% then getting in.  That said, I'm down to 8% YTD profit so I did take a major hit over the past few weeks -- should have dumped more that I did.

YTD, the S&P 500 is up 10%.   So it seems like you'd have been better off buying an index fund.   It's a lot less work.  

Maybe you're not lazy like me.   I just don't think anyone can time the market consistently.   It trends upward over a long period of time, which makes it a good investment long term, but in the short term, it gyrates up and down for all kinds of unpredictable reasons.

Lol ... trust me, I do the calculation every single day ---- that's exactly what I thought as well.   I have CNBC on 12 hours per day.  I google Dow Implied Open 20x per day.   All of this time, I could have been goofing off with my $$ in the SPY index.  Geez .... I had the rotation pegged but I didn't get out of my weed & EV battery stocks quick enough --- QS took me for a Nikola-type ride .... down 40% !!!

---