Are you jumping in the stock market or selling what you have to cut loss?

Question

I've been getting positive feedbacks that the stock market has bottomed for the short term and is ready to bounce are you in or out?

Answer 1

I'm in...have had cash accumulating on the sidelines.  Been buying financials for long term.  Yes, they are still going down...catching a falling knife...but I think in 3 years they will more than double.

Also buying autos F, GM for same reason.

Answer 2

Mamadamus says, the stock market falling is the beginning of the end. Mamadamus says, soon, we will fight each other on the street for fuel. Mamadamus says, soon, we will be unable to receive goods and services because of rising fuel costs. Mamadamus says, it is best to be prepared because a change is a comin'.

Answer 3

In order to make money you need to buy low and sell high right?  Well now's the time to do the first part.

Answer 4

I just upped my 401k from 10% to 15%. This is when you should be buying more. Espically in a 401k, IRA or Roth.

Answer 5

I've been going in and getting out

You can make money in both a good market and a bad market depends on one's trading/investing philosophy

The are many indications out there that the market is approaching bottom.   It's probably be very tradeable for the next few months, waiting to see the results of the election,

If the Democrats sweep the election, the market could be in big trouble, If the Republicans win back some seats and the Presidency we could see a very good market.

BUT, there are many good buys ouit there

Answer 6

It all depends on the sector. I never fight the trend. I'm long on a pharmaceutical drug and hedge against it when I can or need to. I'm also short on some but not all financials, I'm bullish on energy and bearish home builders. The trend is your friend!

Answer 7

I am in the buying mood. Lot of good stocks are selling cheap and I want a piece of it.