Best Guess When it's time to Pull out the Market?

I would play it safe and move everything into Bitcoins.

When cab drivers and hotel clerks start giving you stock tips sell.....pronto.

Or, when all the talking heads on CNBC all agree the market will continue to go up, sell.

Use the cocktail party index:

When you are at a party/get together and average folks are talking about how great their 401k's, investment accounts, returns, can't miss stocks, etc are time start unwinding.

When the talk is opposite of the above, start moving in.

Simple yet effective.

I never go all cash....stay 95-100% invested always...I do move into less volatile positions in my trading type accounts at times like now though.

Shiller P/E at very high levels

perils of timing the market

"Even this chart hides how skewed returns are over time. I've shown before that there have been about 21,000 trading sessions between 1928 and today. During that time, the Dow went from 240 to 13,000, or an average annual growth rate of 5% (this doesn't include dividends). If you missed just 20 of the best days during that period, annual returns fall to 2.6%. In other words, half of the compounded gains took place during 0.09% of days. That's a more detailed version of Gundlach's wisdom.

Now, every time that stat is used, someone says, "Sure, but what if you missed the worst 20 days?" Indeed, if you missed the 20 worst trading days since 1928, average annual returns jump to over 7% (before dividends).

But what's interesting about those 20 worst days? Most happened at nearly the same time as the best 20 days -- 1933, 1982, 2002, and 2008. It's implausible to think anyone could have avoided the worst days and hit the best days without simply being lucky. It can literally mean in Monday, out Tuesday, back in Wednesday."

just buy buy buy overtime and let it sit. Sure, there will be a market correction, but if you don't sell your stuff then, within a few years, all of that stuff you could have sold will be worth more than they were before the "correction". Time corrects even the corrections.

quote:

---

There's no doubt there will be a correction in the stock market.

---

I've been hearing this for ~9 months.