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re: Best Guess When it's time to Pull out the Market?
Posted on 7/1/14 at 10:06 pm to StrangeBrew
Posted on 7/1/14 at 10:06 pm to StrangeBrew
quote:
Ok I will play, what if it is 10% and you are waiting for 40? What is your long term time frame?
Just waiting for the correction just to get back in at a lower amount.
quote:
I will also add, I can not tell what the future holds but neither can anyone else.
True, but you know corrections happen and one will show itself sooner rather than later.
quote:
We are getting back to all time high levels but the fed has been printing money for 6 years. A dollar is not the same dollar from previous highs.
Great point. Thanks for your input. Still, it may not be the same dollar but DOW at 17,0000 or 10,000 is a huge difference. That dollar sold today will buy more tomorrow if the correction is that drastic.
2
Posted on 7/1/14 at 10:34 pm to Enadious
quote:
Just waiting for the correction just to get back in at a lower amount.
So you are on the sidelines now? Totally?
If so, how long ago did you get out?
Posted on 7/1/14 at 10:43 pm to Enadious
Have you look at the historical P/E levels ?
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