I’m out of the stock market, again!

[moneymaker]

Bought in a little over 2 months ago and saw that I could make a quick 6% in 2 months, so I’m out.

[teaboy]

how’s that working out for you in the long run, timing the market?

tb

[moneymaker]

Pretty good i must say. Since I don’t worry about lost opportunity, just the bottom line it works, just don’t tell my Uncle.

[svelte]

I take it you expect the market to go down, since you’re out?

[moneymaker]

Absolutely! Just not sure when or by how much, you know, the details! I’m out of silver too, but will not hesitate to get back in on a dip. That may not happen and I will be glad to walk away with 700 times what the bank pays on my checking/savings. It’s a no-brainer these days to milk the market I think.

[moneymaker]

If I get out again I will have made 4% in the last 2 months, not bad.

[svelte]

Yeah, I thought of you when the market started to go down this year. You called it right!

I take it you’re back in now?

[spdrun]

Let’s hope markets follow same pattern this year as last. Rise towards summer, than a big tank later in the year.

[livinincali]

[quote=moneymaker]If I get out again I will have made 4% in the last 2 months, not bad.[/quote]

If you get out today. In a week or 2 the market could be 5% higher, 5% lower or relatively the same.

[moneymaker]

Seems like a roller coaster to me lots of ups and downs but ultimately stays at the same level.

[spdrun]

Individual stocks do not the market make — there’s still money to be made if you buy/sell the right stocks at the right time 🙂

[Author]

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