Tao Man

Deploying Cash for a Slight Upward Market Bias

Just curious, what is your definition of the market when nobody wants to jump in?


On Aug 23 09:36 AM axelrod608 wrote:

> Indeed, mixed signals abound, and whatever conclusions one reaches
> one day must be reconsidered the next day in this market.
>
> One difference when using OOM - one's own money - rather than OPM
> - other people;s money - is that losses are personal. Looking at
> how far the market has come and how fast, there IS a correction coming.
> So I am at about 95% cash now. I know I may be missing out on the
> last bit of gain, but I can afford that more than an(other) substantial
> loss.
>
> I don't know when the correction is coming ( best guess 3rd week
> of September) or how big it will be, but I plan on having plenty
> of cash ready to jump back in when nobody else wants to.