Subject: Re: OT: so you want an index
If it is correct that tops are rounded and there is plenty of time -- a month or two or three -- to sell, why head for the door now?
A) I am not that sure about the (always?) rounded tops.
B) I think there is good evidence for the Presidential Cycle. If so we are close to the end --- plus with the current candidates/situation there is a chance for this cycle ending more dramatic than usual.
C) I wouldn't know what to invest in right now.
D) It doesn't really move the needle whether that huge stash of cash earns some % more or not than 5% Treasuries for 1/4 year or even 1/2 year --- and how great are currently the chances for it to earn 10%, 15% or 20%?
E) Having been self employed and worrying my whole life about financial survival I finally realized that unless I do very stupid things I don't have to have worry about money for the rest of my life.
A+B+C+D+especially E = There is nothing more important for me than Rule #1.