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To: BigBull who wrote (89759)4/5/2001 4:18:04 PM
From: ItsAllCyclical  Read Replies (3) of 95453
 
OT - BigBull I agree with all the fundamental things people having been throwing around here for some time. No need to convince me. But even bear markets have to rally occasionally. I moved 1/2 my 401K funds back to cash before the close (as long as you place your trade before 4pm it's effective at the end of the day - kind of nice) and the other half to more conservative funds within the group and those I will mostly likely cash out tomorrow. I think we go up another 1-2% tomorrow on the DOW and Nasdaq. Can't see another day like today.

I really don't want to time the market with my 401K, but other than missing the Jan rally I've had some good success so far missing the downside. I've been essentially out since sept (other than 1-2 day trades). Most of the American funds peaked in Sept vs May.

I'd like to see Nasdaq 1500 or Dow 8000 and I'd most likely be content to put my 401K money back to work for the LT even though Nasdaq 1000 and Dow 6000 are very possible in a global recession scenario. Hard to say will take it one day at a time of course. I thinking late April put it back to work for a few weeks and then pull. Put it back to work again late fall.

Anyone else trying to time the market with their long term 401K or IRA money? What levels will you put it back to work?
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