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Ummm, is it time to get out of the market again?


TheSaint

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haha..I did. Rep me Bitches.

I believe the market was down 70 when i made the original post.

My brother is the one who gave me the heads up btw...

Not the 900 in one day. A correction is a no brainer right now with what is over bought.

This is why it recovered to -300 or so. Translation, an anamoly.

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OK so what is the market going to do after today? I did a bone head move and had all of my 401K money moved out of stocks and into Intermediate Term Bond because I figured something was going to happen Friday. Well, the bad news is that because of the time I did it on Thursday it didn't get moved until the close of business of Friday. So I took all the losses and then opened up today with all my money in the Bond instead of stocks so I get none of the gains from today. Stupid I know....should have just left it alone.

So now do I move my money back in (which would happen on Wednesday) or leave it in the Intermediate Bond until the market comes back under what it closed at Friday?

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