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valuemind

11/06/24 5:46 PM

#118139 RE: SSKILLZ1 #118132

You may want to take more risk to buy some growth stocks, such as SMCI and ALAR, currently at depressing low price. Even if three of my major holdings, SMCI ALAR and NXT down 18.05%, 5.04% and 5.58% respectively, my portfolio with value and growth companies is up 7+ % overall today, one of the best days ever.
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researcher59

11/06/24 9:23 PM

#118146 RE: SSKILLZ1 #118132

What you're doing is market timing and that usually backfires. I'm always 80 to 90% invested and if there's a crash or bear market I ride it out and trade from stocks that haven't fallen much to others that are way oversold. You would have had much better YTD returns if you hadn't bailed out of so many stocks in mid July. And now you're stuck on the sidelines with 70% cash, missing this huge rally and waiting for a market correction that may be months away. Who know when we'll finally get a major correction ? It's strictly a guessing game.