Subject: Re: What Did You Buy Today?
If you are wise enough to differentiate between a "real" uptick versus a bear market violent but briefly rally, you are all set! Congratulations!
However, if you are not wise enough, you have 2 options. Rely on Jim to tell you when to buy, or dollar cost average.
Thanks. Congratulations accepted. I know I am wise enough to rely on Jim.
In my unwise opinion, yesterday's bounce was the violent brief rally I had mentioned a few days ago.
It is interesting to speculate what will happen if the tariffs go away or go to 10% on all countries except China. Again, in my stupid opinion, the uncertainty will keep spooking the markets and they will continue drifting lower into bear territory. If and when they do, I will come back again and say I told you so. Let's say six months from now.
Too many people here are only interested in knocking others down a peg, without considering the underlying message.