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election volatility?
#1
Is it wise to be a little cashy going into an election or do most of you stay fully invested?
If I recall correctly in 2016 there was a "flash crash" then the market quickly recovered, does the market typically dip a little following an election or was that because the outcome was unexpected?
I would not want to guess as to who will win which is why I am wondering about the possible volatility following.
What was market volatility like  2000 Bush v Gore as a lot of the news media is predicting a similar situation..  Huh
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#2
(10-09-2020, 05:03 PM)john Wrote: Is it wise to be a little cashy going into an election or do most of you stay fully invested?
If I recall correctly in 2016 there was a "flash crash" then the market quickly recovered, does the market typically dip a little following an election or was that because the outcome was unexpected?
I would not want to guess as to who will win which is why I am wondering about the possible volatility following.
What was market volatility like  2000 Bush v Gore as a lot of the news media is predicting a similar situation..  Huh
All you will get here are opinions of course.  I never ever let fear "cash me out" but there are times I like to be a little cashier than usual and this is one of those times.  Too many strikes against us right now.  The market valuation certainly does not match economic reality.  A stimulus at some point will come, but is one more enough?  I actually doubt that it is an we can't print unlimited money.  I think the market has accepted the reality that Biden is the favorite right now. If he wins it certainly wouldn't be a shock to the market.  The drama that follows an election almost sure to be contested won't be good in the near term.  

So I predict volatility but no crash in 2020.  Let the election calm down and some reality to set in early 2021, then I will be concerned the market finally corrects.  I just make lemonade when I can.  Stocks run up stupid I sell a few shares here and there.  (which I did this week)  Add a few on a bad down week. And I knew firearms stocks would do well so I flipped enough of them this month to buy my wife a pistol.  She expects the election zombie apocalypse lol.  That's fine, we like to target shoot anyhow so I made the market buy her an election pistol lol.
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