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| Topic | Everyone's 401ks are down right? |
| Kazi1212 11/23/18 2:31:47 AM #59: | Eh personally Im not one for buying as a downward trend seems to be picking up even more momentum and just hoping to catch the bottom. Guess I just like to play it safer, I buy/sell based on the strength of the current trend in the weekly charts, I get into trends later than others who longs at the bottom or shorts at the top, but I believe my strategy results in less variance in the long term. Just going by simplistic technicals, I was still hopeful for the market to turn around before this week, but the action these past two weeks has led various indicators I use to give me a short signal, so Im definitely not buying right now. The only one of the big indexes that seems it might have a reversal in it is NDX, but the only thing Im thinking of buying for now is inverse etfs with the 20% I put into cash from my portfolio already --- I don't know my gimmick "Does that sound reasonable to you?" ... Copied to Clipboard! |
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