Post by
flamingogold on Aug 16, 2022 1:53pm
How far do we run?
The run since the June low has been strong, the S&P is up 18%.
I started tapering in in the low $7's (missed the 6's), but was really hoping for it to touch the 5's. Let's see what happens this Fall. I think we're setting up for some traditional September - October selling/volatility.
My bag is only partially full and I'm ready to add more but not at this price. I will wait and get paid doing it too.
Comment by
mouserman on Aug 16, 2022 3:17pm
I have quite a large cash position as well, and was sure we would see a big down day this week after 5 days in a row up... but this little bull charge up the hill has been strong. Wish the economy was as strong as the markets seem to believe.