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Non-Tech : Kirk's Market Thoughts -- Ignore unavailable to you. Want to Upgrade?

To: Augustus Gloop who wrote (24117)	4/22/2025 1:31:45 PM
From: Kirk ©	Read Replies (2) \| Respond to of 27108

If it is any help, yesterday someone on Nextdoor wrote she sold all her stocks and was out. Given this is Los Altos and Palo Alto with some Menlo Park people ND group, they probably had mostly tech stocks that were hammered and haven't been through it before. You like to read a lot of these posts before a big bottom is in, but with the Trump card... pun intended... we could get a COVID V type bottom to new highs or a 2000-2003 slow death to 50% with a few bear market rallies. So, relying on asset allocation with a few selected buys then quick profit taking is hard to beat. I read recently (yesterday?) a SI permabull write you need to be 100% in, but I remember him telling people to be that way with his first SOXL call that was 85% down 190 days later as of yesterday and his third call to buy SOXL just a few days ago was 32% down yesterday. It boggles my mind so many keep listening to these folks... then again, I saw Kathy Woods on TV the other day peddling her similar nonsense. Fact is people will pay a lot of money to be told to buy what is going up and making record highs but few want to do it the way Buffett does, which is why his fund gets such a nice premium.