SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : A.I.M Users Group Bulletin Board
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: OldAIMGuy who wrote (18867)12/13/2024 3:39:29 PM
From: Zen Dollar Round1 Recommendation

Recommended By
OldAIMGuy

  Read Replies (1) of 18927
 
> Buy from the Scared; Sell to the Greedy.....

I went to ~60% cash two days ago since this will be the 5th time in my life I've seen a substantial and unsustainable market bubble happening.

I have the the IRS Wash-Rule to think about for investing in January if I do for the small loss I'd like to write off, but basically I sold to lock in my gains for this year, which were substantial on a percentage basis.

Tax loss selling are eating those stocks up slowly and I expect more of that to come, save whatever Santa Claus seasonality rally that might happen before Christmas.

I expect volatility will be huge next month as Mr. Market goes parabolic yet again. I don't day trade or short, I leave that to the experts like Trader J, whom I've learned a great deal from over the years on SI and who has mostly moved on to the greener pastures at Reddit.

I also fly by the seat of my pants a lot in the markets, metaphorically, of course. I just like to watch the patterns and the pretty lights. :-)

Thank you for confirming with nice charts and graphs what I've been seeing.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News