01-13-2022, 11:42 AM
Just making conversation but how is everyone doing trying to predict the markets? Wow this seems absolutely random with sector shifts every day or two, if not mid day. I really think it's Algo based. It has no real effect on my true long-term investments but everybody likes to add on a dip and this seems way beyond random. The short or even mid-term economy projections don't seem to matter, nor interest rate or inflation rises. Pandemic news is good for maybe an hour or two. At the end of the day there is just nowhere else to invest until bond yields are way higher, and there is no guarantee that actually happens.
Like I said, just making conversation. I won't let any of this rattle me, but out smarting the market in the short term seems even more futile than usual. Whether buying or selling, limit orders seem prudent. Don't force anything at a price you don't like because it might be better tomorrow.
Like I said, just making conversation. I won't let any of this rattle me, but out smarting the market in the short term seems even more futile than usual. Whether buying or selling, limit orders seem prudent. Don't force anything at a price you don't like because it might be better tomorrow.