Quote:
Originally Posted by spdrun
Nah, just a small amount of stocks. If Dow hits 11.5k or so, I'd consider jumping back in in a more meaningful way. Summer 2010 bottom was ~9.7k. 2011 bottom was 10.4k. 2012 bottom (if any) will probably be hit around 11-11.5k.
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Spdrun - Stock market does not work like that. You need to hedge it if you think the Market is going to go down. When the Market does go down big time, you would be too afraid to jump back in as you do not know WHEN is the bottom. Same for Real Estate - no one knows it is bottom until it re-bounced, then it is too late. Just look at RE, no one calls bottom as yet.