I’ve been trading for 40+ years ... but then, it is my occupation.
But look at all the comments on this page by people who want to know why it happened. It happens because we, by natural, get greedy. I got a feeling a few weeks ago but told myself I’d go a little longer ... and I got caught today!
It’s human natural to want to squeeze it out till the end.
But it happened [for those who are still wonder] ... because Bull Markets ARE ALWAYS followed by a correction.
HA! I was looking to move Thursday night but it was to late.
It takes 3 days for my 401 to switch. I am standing pat.
I was guessing April/May. Oh well.
The old October crash can happen anytime now. Good Luck.
But it happened [for those who are still wonder] ... because Bull Markets ARE ALWAYS followed by a correction.
I don’t see how the correction would be so extreme with the tax cut and all the big companies repatriating their capital.