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Saturday, October 10, 2020 12:41:20 PM
As I said, I doubled my portfolio in September and currently setting up for then next downturn that will inevitably come. I don't care exactly when. You have extremely short investment horizon scalping for peanuts. I have longer term outlook for realizing larger gains. If I'm offside I protect myself with averaging. How many times must I explain this to you?
If you're so sure the market will keep going up why did you sell on Friday? Will you once again chase TQQQ higher if it gaps up on Monday?
Smug longs risk losing weeks of gains on sudden bad news like happened before with TQQQ. There still is no stimulus Bill being passed, eventually the market will come to this realization. Even if the PPT keeps the market pumped up for the election those days are numbered as well.
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