Market’s on sale. Stay in and invest now. That’s the whole idea: buy low, sell high.
I decided in Dec. that I had lost all I was going to and sold every share of stock I had the last few says of the year. Glad I did so as not to lose even more and the only consolation is some tax write offs to carry over for a few years.
I am done with Wall Street, am in cash and real estate. I am too old to wait around for years for it to recover.
Stay in and buy low cannot be done at the same time. You must be out in order to buy back in low. I took a cash position some time back and will start buying back in after I see 14,500 DJIA.
How low will the Dow go? ... Low enough so I can buy as many blue chips as I can. “Blue Chips on sale in isle one”.