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Old 14 October 2022, 01:08 AM   #11
superdog
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Join Date: Oct 2011
Real Name: Seth
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Watch: Omega
Posts: 24,858
Quote:
Originally Posted by HHIslander View Post
Time will likely be the only cure. Fed has done pretty much all they can. I expect a 4 handle on inflation by end of Q1. That being said, I wasn't expecting a hot read this morning either. I am buying this morning but tight stops in place. When market is down this far and VIX in the red, it's time to hold nose and do something.
you are likely doing the right thing.

I am still holding. Bank earnings tomorrow. More data coming. None of it is going to be good.

In fact, I am now liquidating everything. Literally everything. Raising as much cash as possible to DCA into the markets. But I am not ready just yet. And happy getting my circa 3% for the moment in my high yield savings/short term bonds.
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