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Post by xray on Dec 15, 2021 12:17:04 GMT
Do we all remember the year 2018??
December selling was prevalent and many of us took a bath with the "December Selling Activity" (wiping out most of years gains that was in process). 2017 was a "banner year" and the averages for the two years was more than acceptable. Point being made its to use our "Lessons Learned" from those years (IMHO)....
Live Long and Prosper....
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Post by Chahta on Dec 15, 2021 12:58:43 GMT
Are you going or have you gone to cash?
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Post by rhythmmethod on Dec 15, 2021 15:18:15 GMT
I was a buyer in Dec of 2018 and 2019 was my best year EVER.
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Post by uncleharley on Dec 15, 2021 15:31:37 GMT
The weekly chart for the S&P 500 indicates that it is different this time. in 2018 the broader market began declining in Oct and slid into Dec where it found a bottom and moved up for the next year. So far this Oct and Nov have been up months for the broader market dec might be topping now, however that remains a question. stockcharts.com/h-sc/ui?s=$SPX&p=W&b=3&g=0&id=p99035663394&a=524485138&listNum=86 |
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Post by xray on Dec 15, 2021 20:04:03 GMT
uncleharley, Your: 1...The weekly chart for the S&P 500 indicates that it is different this time. in 2018 the broader market began declining in Oct and slid into Dec where it found a bottom and moved up for the next year. 2... So far this Oct and Nov have been up months for the broader market dec might be topping now. 3... however that remains a question. --------- 1... As you are aware, charts can be misleading against analysis data when dividends and EOY data is used (IMHO).... The broader market started their decline in September and some of us started to go to some cash. When it " BOTTOMED" in December, many investors (including myself) saw a disaster (when using December as the month for closeout of all data). Fortunately, some of us had a more than exceptional year in 2017. In 2019, we made up for our 2018 losses (like many other investors) but only had our normal 15% gain (our normal Goals & Objectives) when averaging years both 2018-2019.... 2... If you review my first post on the "selling begins" string, against your chart data, you should to visualize what are differences might be. Since we do very different type analysis reviews, the differences should not be that different (IMHO).... 3... The only thing that most of us can do is for us to keep looking at our analysis data [no matter how differently stated by all of us) for a "positive" change that appears very positive in nature and against the "norm".... Live Long and Prosper....
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Post by Capital on Dec 16, 2021 0:28:43 GMT
Charts are right until they are wrong.
Charts are wrong until they are right.
+ > -
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Post by steadyeddy on Dec 16, 2021 1:14:04 GMT
US total stock market with a P/E of 32, and 23% of assets in top 10 holdings which are mostly technology companies... that is bothersome.
People use "we are in low interest rate environment" argument but that can only go so far. Raising cash to highest levels is in order.
2022 will not be kind.
I do not like to see huge paper losses - and then do meditation hoping the money gets restored (no pun intended).
If you won the game, cash is king for the immediate future.
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Post by Chahta on Dec 16, 2021 1:41:24 GMT
US total stock market with a P/E of 32, and 23% of assets in top 10 holdings which are mostly technology companies... that is bothersome. People use "we are in low interest rate environment" argument but that can only go so far. Raising cash to highest levels is in order. 2022 will not be kind. I do not like to see huge paper losses - and then do meditation hoping the money gets restored (no pun intended). If you won the game, cash is king for the immediate future. Are you suggesting someone should go 100% cash? I only know 1 person personally that would do that. |
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Post by steadyeddy on Dec 16, 2021 13:28:03 GMT
US total stock market with a P/E of 32, and 23% of assets in top 10 holdings which are mostly technology companies... that is bothersome. People use "we are in low interest rate environment" argument but that can only go so far. Raising cash to highest levels is in order. 2022 will not be kind. I do not like to see huge paper losses - and then do meditation hoping the money gets restored (no pun intended). If you won the game, cash is king for the immediate future. Are you suggesting someone should go 100% cash? I only know 1 person personally that would do that. I am pontificating - not suggesting anything  |
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Post by jongaltiii on Dec 16, 2021 13:38:16 GMT
Thank Heavens it was just pontification!!! I will cancel my sell orders right away. 
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Post by richardsok on Dec 16, 2021 14:48:18 GMT
IVW hit a market high on Nov 17. For a month since, we've been to-ing and fro-ing at resistance. Can't resume bull mkt w/o a wider breakout.
IOW, the market can't go higher unless it goes higher.
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I hear the gals get SO hot when eddy pontificates.
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