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re: For those who moved cash to the sidelines

Posted on 10/26/22 at 4:08 pm to
Posted by Aubie Spr96
lolwut?
Member since Dec 2009
41310 posts
Posted on 10/26/22 at 4:08 pm to
quote:

Not until the VIX breaks hard above 40 at least once for sure. I figure sometime in the first quarter we’ll get a chance to start fazing back in. Been patient since last Sept, now’s not the time to get spunky.



This guy gets it.
Posted by slackster
Houston
Member since Mar 2009
85465 posts
Posted on 10/26/22 at 4:29 pm to
quote:

Not until the VIX breaks hard above 40 at least once for sure. I figure sometime in the first quarter we’ll get a chance to start fazing back in. Been patient since last Sept, now’s not the time to get spunky.


quote:

DTRooster


One of the money board bullshitters I was referencing. Dude started a thread to tell the board that he put 20% of his 401k cash into the market in March 2020, then doesn’t post here again until May 2022 saying he’s been out since September 2021? Complete horseshite.

This post was edited on 10/26/22 at 4:34 pm
Posted by notiger1997
Metairie
Member since May 2009
58408 posts
Posted on 10/26/22 at 5:19 pm to
LOL
Posted by Grinder
Member since Nov 2007
1845 posts
Posted on 10/26/22 at 5:30 pm to
quote:

when are planning on jumping back into the market?


Will start buying late January to mid February 2023
Posted by DTRooster
Belle River, La
Member since Dec 2013
7981 posts
Posted on 10/26/22 at 7:52 pm to
That was pretty good timing on that March’20 bottom call if I remember correctly. Compare the VIX and the SPY during that month and you’ll get a clue when I’ll start moving back in this time too.
Posted by slackster
Houston
Member since Mar 2009
85465 posts
Posted on 10/26/22 at 9:07 pm to
quote:

That was pretty good timing on that March’20 bottom call if I remember correctly. Compare the VIX and the SPY during that month and you’ll get a clue when I’ll start moving back in this time too.


A whole 20% of your 401k cash, which had been in cash for who knows how long, and never posted again until this year - out of embarrassment, I’d assume?

This post was edited on 10/26/22 at 9:08 pm
Posted by DTRooster
Belle River, La
Member since Dec 2013
7981 posts
Posted on 10/26/22 at 10:09 pm to
I’m embarrassed and poe as hell too, yeah that’s it.

Just buy more , it’ll be alright
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