Wasn’t I reading stories about Dow 20,000 right before the bubble burst?
There were stories about Dow 20,000 and 35,000 and I seem to remember seeing one saying 100,000. I knew then to start pulling back from the markets. By the time the bubble burst I was almost entirely in cash after some very nice gains — laughing all the way.
When everyone starts talking about higher and higher highs it is time to start pulling out, not a time for jumping in.
“Wasn’t I reading stories about Dow 20,000 right before the bubble burst?”
My thoughts EXACTLY!
What’s the old saying ... “Sell in May and go away”.
I see a big pop coming.