Re: Rod's Account Talk
Originally Posted by
mdfiasco
Excellent point. I'm wondering if the current market is reflecting the realization of what is to come rather than current events. I'm anxious for deals, but willing to sit out...I'll be watching at 1155 today for sure to maybe jump another 10% in.
I think for the most part, it is reacting day-by-day to the news of the day. What I don't know is if any of those mostly poor Q1 reports have already been priced in. I guess we will see as they are released.
To clarify what I wrote in my earlier post (sort of in jest with my Cramer comment and video )- It is very difficult to time the rallies that will surely occur in the near future. And I don't knock anyone who tries. What I do caution are those who plan to IFT anytime soon for the long term, with no intention to quickly be in/out. That is because I believe they can get even lower prices if/when the 23 Mar lows are tested. But, of course, everyone has their own risk tolerance and time horizon. There isn't anything wrong with nibbling in. Just remain very careful as to not take too big of a bite.
"Treat your wife with honor, respect, and understanding as you live together so that you can pray effectively as husband and wife." 1 Peter 3:7
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