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Reply to "WHO is pulling all of their money out of the stock market?"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous]Honestly, only idiots are pulling their money out. There is a boatload of evidence that shows that market timing is a losers strategy. Now if you have a bunch of cash sitting around and you are willing to take a moderate amount of risk, it's hard to argue with buying stocks at a 40% discount (russell 2000). [/quote] There are a lot of idiots then with the market down as much as it is. I wish I had more cash to invest in the next few months, but unfortunately we don't. [/quote] You ain't seen nothing yet. People who think they have the conviction to hold will sell. And sell. And sell.. until there are no sellers left. That's when I'm going in. Sitting on a ton of cash. [/quote]
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