so this past monday i moved about 25% of my retirement acct out of Mutual funds and into money market......no interest really, but a little safety....my acct was up over 10% year to date and although i am not predicting doom...i do think the possible down side these next 4 months til year end could be much more significant than any upside potential........i dont see any big rally's , but there could be some major selloffs around the election...
the one wild card is what does the Dow do after Isreal strtikes Iran ? i say October 7th is the Big Day.....and I think the market dips for 2 days after that....and then roars back......so it will be nice to cash on the sidelines for that 500-750 point drop.
but as a slew of bookies and most of the folks at Monmouth, Belmont and Saratoga can attest....I Have been wrong before.
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