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Yeah, I'd be getting out of US stocks


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#1 skott

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Posted 25 June 2019 - 12:11 AM

Getting very risky. Risk vs reward is not worth it. Even if some indices manage new highs ....great traders always sell too early

Edited by skott, 25 June 2019 - 12:13 AM.


#2 skott

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Posted 25 June 2019 - 01:33 PM

Looks like another Bingo



#3 Waver

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Posted 25 June 2019 - 11:29 PM

Much more down in your opinion?

#4 skott

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Posted 26 June 2019 - 06:32 PM

yes, of course. A whole lot more but I'm not going to attempt day to day movements.



#5 skott

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Posted 17 July 2019 - 09:55 PM

The bell tolls for thee



#6 Waver

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Posted 21 July 2019 - 11:14 AM

Skott, what you mean by The bell tolls for thee?

The market is up a good amount since a lot since prior posts. Still expecting much more down?

#7 skott

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Posted 05 August 2019 - 10:40 AM

you never heard the famous saying "the bell tolls for thee" ???  you could have googled it but here is a good summation:

 

for whom the bell tolls. An expression from a sermon by John Donne. Donne says that because we are all part of mankind, any person's death is a loss to all of us: “Any man's death diminishes me, because I am involved in mankind; and therefore never send to know for whom the bell tolls; it tolls for thee.”

 

As for why I said it here, it was a play on words in two ways. first the above and second, the saying that no one rings a bell at the top of the stock market. I will repeat what I said in the post

 

"Even if some indices manage new highs ....great traders always sell too early "    Would you rather sell too early or too late?  That is always the challenge and that is one of the reasons why markets drop so fast.