I moved a lot of mine out of stocks into a cash positions today.... Maybe too early, but I still see a lot of risk to the down side between now and EOY. Think I'll stay conservative until after the September Fed meeting or another 10ish% market drop.
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No announcement yet.
Anyone moving stocks to more conservative safe haven areas?
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Originally posted by BrianL View PostI moved a lot of mine out of stocks into a cash positions today.... Maybe too early, but I still see a lot of risk to the down side between now and EOY. Think I'll stay conservative until after the September Fed meeting or another 10ish% market drop.
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Originally posted by BrianL View Post.75-1% increase and market panic/overreaction because market seems to think that they are nearly done raising... I agree they aren't done.
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Originally posted by ShoootLow View PostTempted to take some profits on BBBY run-up, but think this is just the start. [ATTACH]1098925[/ATTACH]
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Originally posted by BrianL View Post.75-1% increase and market panic/overreaction because market seems to think that they are nearly done raising... I agree they aren't done.
IMO - Earning will continue to go downhill with higher rates over the next 6-18 months. How can inflation be tamed and drop to 3% if markets stay near all time highs?
No way inflation is coming down yet. I don't see any pain anywhere. Everyone around me is spending like money grows on trees. Stocks moving like people are gambling their rears off also. Like BBBY
In the 80's it took a long time after rates peaked for the markets to hit bottom. No idea what trickery the FED is pulling this time though. I hear they are not even selling as much as they said they would be. Maybe they are saying they're dumping but are buying and vice versa. Became the worlds biggest pump and dumpers LOL
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