So I exited yesterday and am very relieved. I was only in equities 60% last Wednesday when I bought in. Sold 10% on Friday so got a little bit of the high day. I was also in F fund 20% and went up to 30% on Friday so that served to hedge the low exit yesterday. BUT...the Good news is I still pocked about .87 or so with 4 days of risk in the market. Very tough to time it and was a bit off, but this was the first buy in all year. I am glad it did not end in loss.
Looking at charts and thinking of the next buy in. Since SS is moving down and BBs are consolidating, I am thinking price maybe goes down to touch the lower band... but do not know if that will be the true bottom or if it could expand the band to a lower level---depends on oil and its news for now. In either case, it does look like market is now working to form a double bottom---maybe around 1870-50. So plan to enter on that when it happens... maybe in a few more days... early next week??? Then think it maybe ready to want to move up more significantly... but will see... if it did maybe it bounces to around 2000???
okay... just looked at market again... prices starting to rise... hummm... lets see how the day ends and will re-think it again.
Best Wishes to Everyone on your Investments!!!!!!!!!
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