InvestorsHub Logo
icon url

wadegarret

08/08/24 11:02 AM

#115150 RE: stevhoff #115148

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.