“and i would want to pull back and be very conservative after the new year. this is only for my ira accounts (in which there is evidently no penalty for short term investing”
3 days is a crap shoot not short term “investing”.
Short term “investing” usually means you don’t want to lose what you have which means sell everything and go to cash.
As to what’s going to happen after the first and if or when the Biden puppet takes over, don’t bet against the market. There’ll probably be stimuli up the wazu, and most of that money eventually ends up in the stock market, which is a type of inflation, and which is why bitcoin has gone totally nuts.
Have you not noticed that every time a stimulus passes the market goes crazy?
The other thing is that most of the big money in wall street donated/voted for Biden. They will for sure be some of the puppet masters, and they are not into losing money.
If there was going to be a “Biden crash” it would have already happened. The market is forward looking.
> 3 days is a crap shoot not short term “investing”.
Perhaps there will be some upticks before the end of the year and a downturn due to profit taking at the beginning of next year. Perhaps the pullback will be survivable. OK.
> Short term “investing” usually means you don’t want to lose what you have which means sell everything and go to cash.
I did not understand. Rephrase please?
> As to what’s going to happen after the first and if or when the Biden puppet takes over, don’t bet against the market. There’ll probably be stimuli up the wazu, and most of that money eventually ends up in the stock market, which is a type of inflation, and which is why bitcoin has gone totally nuts... Have you not noticed that every time a stimulus passes the market goes crazy?
Yes. I think I get most of that. I am wondering if i am missing anything.
> The other thing is that most of the big money in wall street donated/voted for Biden. They will for sure be some of the puppet masters, and they are not into losing money... If there was going to be a “Biden crash” it would have already happened. The market is forward looking.
OK, then the conjecture is or should then be (?) that the market will be relatively stable to moderately positive if trump prevails, and also if biden prevails? (not necessarily disagreeing)