I've posed this question before when it was merely theoretical, but now it's happening in real time. Many people over the last few sessions have sold and sold big. Maybe some are gone for good, but I suspect most were selling out of panic that they might lose their nest egg. Most likely this was done as a reaction and not in accordance with a plan.
I say regardless of the reason, I'd like to hear when you're getting back in. If you sold at Dow 8500-9000 which was pretty darn close to the bottom, you have the real risk of the Dow gapping over your selling price as early as today! And let's say it didn't do that, when do you get back in? A bottom isn't known usually until well after the fact and things typically stabilize AFTER the big technical snap back ... so when do you get back in?
I always hear the big announcement from friends and on forums. They sold and good luck to the rest of you turkeys. But I never hear when they get back in. I can only suspect that they realize after the fact that getting out was probably a bad idea and they lost even more than those that stayed in. But I can only speculate.
So at the risk of sounding like a broken record, sellers, when you do get back in?
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