InvestorsHub Logo
Followers 122
Posts 29806
Boards Moderated 2
Alias Born 10/04/2004

Re: stevhoff post# 115148

Thursday, 08/08/2024 11:02:16 AM

Thursday, August 08, 2024 11:02:16 AM

Post# of 118026
stevhoff- I can't take this market anymore

I don't want anything on the long side, as I've been losing persistently(overall) all year, no matter how good the story. At the same time, the minute I go to the short side, the market rallies, and I lose 8% within 2 hours. Darn good thing, in my 20 year real portfolio, that I have 95% in cash put away earning 4.3% or so for the next 4-5 years. I have no plans of touching any of that money either, till the market falls below 20K Dow, 2800 S&P, and 8000 Nasdaq. I believe this will happen by 2027/2028.
Join InvestorsHub

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.