nrialto wrote:After missing two "up" days in a row, I generally consider myself as having "missed the boat." Although moving averages for some funds are promising, I don't have much confidence in a continued upside. Rather, I expect more up and down movement within a narrow trading range.
At this point, I'm going to wait for a substantial dip; one that is larger than the roughly 1% down days we've seen recently. The question is, when? I had some reservations about being in G during the last FOMC meeting, but I will most assuredly be in G on Election Day.
nrialto - Why do you say you "will assuredly be in the G fund *on* Election Day"? I always thought the market didn't like uncertainty - which I would assume would be the time LEADING UP TO the election. And then would rally on finally knowing what the outcome (after election day) is.... Isn't that what just happened with the FOMC meeting? The market floundered pre-FOMC announcement and then bolted skyward after the decision was made?
The polls are showing Clinton ahead and generally when the stock market is doing well ahead of an election doesn't the incumbent party usually win? Seems to me that you would want to most assuredly be in the *C/S* on Election Day? right?