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Started By
Message
re: Anybody cashing out when Dow hits 30K?
Posted on 11/22/20 at 4:00 pm to EarlyCuyler3
Posted on 11/22/20 at 4:00 pm to EarlyCuyler3
I don't quite understand the animosity here?
I am only asking if an algorithm exists for cashing out at certain peaks?
Is this a taboo question?
I am only asking if an algorithm exists for cashing out at certain peaks?
Is this a taboo question?
3
Posted on 11/22/20 at 4:03 pm to BarberitosDawg
You know what you did
Posted on 11/22/20 at 4:26 pm to BarberitosDawg
quote:
I am only asking if an algorithm exists for cashing out at certain peaks?
Peaks Like arbitrary numbers like 30K?
If someone had a magicial sell high algo they wouldn’t be making it public
Posted on 11/22/20 at 4:41 pm to BarberitosDawg
quote:
I don't quite understand the animosity here?
Probably because this topic is posted in some form twice per week, and the discussion is always the same. And that discussion is...
You can't time the market. Period.
The 30k number is just as arbitrary as any other number. If your friends have seven figure portfolios and are close to retirement then maybe that move makes sense. For those of us who are farther out it makes very little sense.
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