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RE: The Market Can Stay Irrational Longer Than You Can Stay Solvent

in #money7 years ago

Lol, nice. Yeah I know some investors that are already getting to cash for the next housing correction. Which is probably at least a couple years away since we have even stopped going up yet...lol.

As for the stock market, last year I thought it would be this summer. Clearly I'm still early. At this point my opinion is when we get the first big crack.

Everything happens in waves, we never go straight down, so I'm waiting for that first big down move and then that first big bounce. Then I will pounce and get short for the next leg down. That opportunity was there in the last two recessions.