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Yup...looking at a few potential pivot points via Open Gaps, there is one just a few percent down, where we are already about halfway there, from our current fall from the recent market peak.

The...

Well timing was horribly impeccable, BUT feel better about dollar cost averaging in, leaving half my powder dry.
Often, big flush days like this can signal a reversal, at least in the short term.
...

Have been sitting in safety since late March...thankfully.
Now that the 2nd set of inflation data has come in, I don't see any additional catalyst to the downside in the short term, so tip-toeing in...

Looks like Small Caps have begun to turn over, while S&P500 seems to be topping (below).
Have been 50/50 S and C for over a month, but will use 1st March IFT to lock in those gains and fight another...

Funny things,

Being undecided when jumping back into stocks, if large caps or small caps would be the leader, so I split my portfolio 50/50 between C and S.
Reality last Friday illustrated...

Leaving G Lillypad after yesterdays monster drop and todays up, but slightly fading, 2nd day.
If CPI had stayed steady or even gone up, that would give me longer term worries, but a drop from 3.4%...

I agree there will be a Recession sometime in the future. I just don't see the signs of one now based on near record low unemployment, GDP past year above 3%.

As for "Gov't spending fueling...

Well, there is NOTHING that even remotely suggests Recession is coming, other than Politically motivated Talking Heads on some media outlets hoping for one.
It would have to be something unseen...

The big surge in equities, esp small caps last 3 months was due to rapidly lowering gas prices and Inflation.
With Inflation falling from 9% all the way to 3% the Street was banking on Inflation...

If unsure you can always take 50% to safety, then wait to see where the trend breaks.
If we get a push to new highs you're still 50% in....if stocks plunge you can quickly exit the other 50%,...

Those who were following my thread saw how bullish I was the past 2 months, with inflation going down and rate cuts appearing on the horizon for 2024.
I made a decent profit off it late last year,...

Probably more like an Elevator on autopilot. Going straight up, lol.
At least for the rest of this Santa Rally week.

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You got good discipline.
Tom posted a good article from Revshark today on having that patience in a parabolic market.
My feeling was it could fall 2-3% tomorrow...or it could go up another 5% next...

Leaving the S fund earlier this month to lock in gains is now confirmed to be a mistake.
Everything changed yesterday with the Fed. Leaving 100% G Lilly pad and Going all in, 100% S COB Today.
I...

True, but in a lot of those we had economic slowdowns or outright Recessions.
The current situation was a unique one, Post Pandemic and Oil Shock together, but since the 9.1% peak CPI in mid 2022...

One thing I remember vividly from the "Super Recession" of 2008-09 was how long many people stayed negative on stocks going into late 2009 into 2010 and even longer, while we were well into one of...

After a great 3%+ early December surge in Small Caps, we look a little overextended and market seems to be getting a little choppy, as we approach the "Seasonality" of the typical 2nd week Dec...

FYI I'm still in 100% S but plan on exiting either tomorrow or by the middle of next week, depending on the charts, and following inflation/economy news.

A mention was made about those on the top...

DON"T do it...closer to a 3% healthy pullback, than another 3% upward move, IMHO.

So much for Recession looming in the near future.
And with inflation down sharply (3.5% vs 9% a year ago) the GDP is not bolstered by the inflation component.
Still though a number closer to 3-4%...

When you consider in 2022, the S fund was down 26% and the C down 19% many of them actually were "relatively" smart.

While exiting before a sizeable drop at the end the 1st week of Nov, I missed out on the continuation of the monster rally the past 2 weeks.
Was looking for a good entrance point, and have been...

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If we define an equity Bear Market by a 20% Drop, then we've already had it, right?:scratchchin:

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