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re: For those who moved cash to the sidelines

Posted on 10/25/22 at 6:44 pm to
Posted by UpstairsComputer
Prairieville
Member since Jan 2017
1590 posts
Posted on 10/25/22 at 6:44 pm to
I’ll take the ramp when the fed pivots but I sure as hell intend to start selling again when inflation starts picking back up.
Posted by oneg8rh8r
Port Ludlow, WA
Member since Dec 2003
2711 posts
Posted on 10/25/22 at 6:57 pm to
lets wait and see what happens in two weeks:

election results for House and Senate
CPI is probably going to go back up
Fuel is back up, therefore EVERYTHING is going back up
Winter heating bills with fossil fuels going back up
Somehow the inflation reduction act is going to get funded.
student loan payoff

Has anybody shaken an 8 ball and found POSITIVE stuff about to happen to see a pivot from fed or think we see capitulation anytime soon?

I DON'T, therefore, my cash will probably sit on the sidelines a little further unless I get an opportunity to buy at S&P levels under $2900, then I will probably go back in and simply WAIT.
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