strategies for this correction

[fenders53]

One thing that is different this time is we don't have a true catalyst.  What I listed a few posts ago is mostly just fear and speculation that things are going to go terrible.  We have no real inflation yet,  gasoline is under $2.00 here.  Company earnings still show solid growth.  Interest rates will still be historically low if the FED goes worst case on us in 2019.  This looks every bit like a full bear market, but perhaps it is just a correction and the market bounces in 2019.  If so I guess we should consider restoring at least some the cash position for the actual recession.  My biggest fear short-term is the politics.  The prez is going to get more vocal real soon, maybe even threaten to fire Powell.  He is not going to sit quietly while the Dow dips well below 20K.  Powell may prove he is independent until the end.  We had trade war leverage China markets were crashing and the US was hitting new highs. That game is clearly over. This is likely to be volatile for a long time.  They say no major correction is ever the same.  That's a fact in my lifetime.  This is nothing like the 1970's,1987, 2001, 2008. We are not required to figure it all out for long-term investing. I still find it fascinating while attempting to predict where we go next month.