[cherry]

speaking of black swan events and ff's.....all the pundits are predicting a stock market crash....

do freepers generally buy it?....are you going into cash?....just waiting?

[reed13k]

speaking of black swan events and ff’s.....all the pundits are predicting a stock market crash....
do freepers generally buy it?....are you going into cash?....just waiting?

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I moved a bunch of money into cash in Jan, but I’ve been continuing to sit on a big slug of high dividend stocks and Palantir. Palantir has cost me some but it’s a vapor loss. I’ve also been selling calls to generate additional income.

I’m margined but I can offset a downturn with the cash I already have set aside if need be. So I guess the answer is yes and no on the cash thing.

And yes I do expect a downturn - question is when...I’m thinking Oct/Nov...which is when the big ones have been historically. I’ll likely reduce margin in Sept.