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ddzx

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04/04/18

22:10

Post #: 32226496
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Originally posted by 1ronnie ↑

Time to take caution although this downdraft in Dow may well turnaround in a month or two provided of course we don't suddenly see a contagion effect. Banks won't be spared in the coming Big Kahuna , Buy and Hold is over IMO, see those videos I have included in this thread , need to be nimble ( doing nothing is doing something) and decisive which was exactly what I did in early Feb, no denial no waiting for hope just get out and out quick. When I first posted this thread, I know I sounded paranoid but the last quarter of 2017 was unprecedentedly great and if people took action then, it would have been a good place to be now. hOwever even if market recovers in a month or two, I suspect the speckys won't recover and some continue to slide so you have a flight to quality and speculators already badly burnt retreat into hibernation not participating in a recovery.

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i'm down 28% since February. I don't even know where those profits evaporated.
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0 Great analysis

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