Diego here is how to get rich in the stock market, do exactly the opposite of what I do!
Honestly I do not have any strong insights to the market but I have pretty much jumped out of the market 100 percent with regards to long term investing.I did start to simply perform some short term purchases of index based etfs depending on where I think the market will go in the short term. I gotta tell you, if you look at the behavior of the market during the 1929 crash which really saw a peak in 1928 the similarities are interesting. So I just kind of do these nimble in and out moves with tight stops. I am a wuss though. I went positive the day the dow bottomed out and did great. However I only enjoyed about 25 percent of this rally because I had to tight of a stop and last week the market opened with a dip down and I got stopped out because of 4 freeking cents on SSO. What can you do right? So you figure if the s and p was down at 680 or was it 660 on the low 2 weeks ago, then how high should it go before I go in negative? If you look at the charts through depreciation cycles it seems like getting a 20 percent rally in a secular cycle screams entry point for the downside. So today the sp his 770 but obama flapped his gums and the market soured.
Anyways don’t listen to me because I am an idiot. I enjoy hoping the points of view other investors on the site bring up.