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re: Is it time to lock in some gains and move to cash ?
Posted on 7/27/23 at 2:51 pm to LeeVanCleef
Posted on 7/27/23 at 2:51 pm to LeeVanCleef
quote:To be clear, are you saying that Warren Buffett is a market timer like you?
Warren Buffett has 130 billion in cash.
I guess he's just a moron market timer who should be fully invested at all times.
This post was edited on 7/27/23 at 2:57 pm
1
Posted on 7/27/23 at 2:53 pm to MrJimBeam
quote:
Seems on brand for this type of poster
Seems like we get a Gordon Gecko come through every quarter or so.
Posted on 7/28/23 at 10:52 am to LeeVanCleef
quote:
Will probably put stops on them so I can't lose money (unless the market opens up huge tomorrow).
Dow Jones UP +254 points (+.73%)
Nasdaq UP +290 points (+2.02%)
S&P 500 Index UP +52 points (+1.13%)
Posted on 7/28/23 at 11:00 am to LSURussian
OP took a short vacation. Unfortunately, he won't be able to make it back until one of the indices closes down for a day, or even during the after hours.
Posted on 7/28/23 at 11:06 am to LSURussian
My fun portfolio is up 5 percent today 
Posted on 7/28/23 at 12:08 pm to LSURussian
quote:
To be clear, are you saying that Warren Buffett is a market timer like you?
Anybody participating in any market is a market timer
Posted on 7/28/23 at 3:46 pm to LeeVanCleef
This line if thinking is also why people far underperform the market also.
Posted on 7/28/23 at 4:18 pm to LSUtiger89
Lots of downvotes from people who don't even understand the theory behind their "investment strategy" 
Posted on 7/28/23 at 9:37 pm to wutangfinancial
I’ve been an investment advisor for over a decade. You don’t think I understand my strategy?
Posted on 7/28/23 at 10:58 pm to LSUtiger89
quote:
I’ve been an investment advisor for over a decade. You don’t think I understand my strategy?
So you don't think it's wise to pull out of a 3x ETF that is up 2.5 times in the past 6 months when there is a very good chance it would have a bad day at earnings when you are a trader and not an investor?
Serious question as a lot of people consider TQQQ to be a day trading ETF versus something to buy and hold although a lot of people do. (I do currently)
Posted on 7/29/23 at 6:43 am to BuckyCheese
Yes I do. But when I responded to you you just said pulling out of your fund and locking in gains. You are being obtuse because you never said it was a day trading fund. You just said your fund. Should you just sit on it? No. Should be in Bull triples? Maybe not.
Posted on 7/29/23 at 9:11 am to LSUtiger89
I have no clue what you’re advising your clients but if it’s only been ten years I’d guess you’re well versed in sell side dogma
Posted on 7/29/23 at 11:42 am to LSUtiger89
quote:
Yes I do. But when I responded to you you just said pulling out of your fund and locking in gains. You are being obtuse because you never said it was a day trading fund. You just said your fund. Should you just sit on it? No. Should be in Bull triples? Maybe not.
I'm not the OP so don't be calling me out but if you read the thread versus just the first post you will see it was for TQQQ that he got in at 16 and was at 44.
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