You are either:
1.HOLD (most probably in this camp)
2. BUY OR BUY THE DIP (probably very selective)
3. SELL INTO STRENGTH
4. REMAIN ON THE SIDELINES (neither buying nor selling but minimal participation)
To me, this period is akin to Q4 2019 when the markets got tired of the US-China trade war and indices continued to move higher ignoring economic fragility.
I was in Camp 4 then, and now I am too in that camp.
Predictability of this market is almost impossible, so many would be in Camp 1.
But as I said before, if one is in Camp 1 perpetually, at some point real market adversity would arrive and because the market has been so adept at climbing walls of worries, when the next one arrives, the holders would sit through it as well.
Camp 2 for the brave and the must-play people regardless of market fundamentals, the daily casino so one has to constantly throw the dice, and for most big gains end up with smaller ones and even losses
For Camp 3 people, they take the opportunity to sell into strength when available and without due regard to what indices do/perform. It is never bad taking a profit, you are lucky to have one.
Camp 4 is a waiting game for patient folks, vulture in waiting and not let FOMO get the better of us. Winning is Not Losing.
