Best 5 Days of the Year

[rcozby]

Take heart...I'm IFTing to G/F today, so tomorrow will surely bring an equity rally.

I'm 0-2 on this thread alone.

Good that I'm retiring soon. Will sell my IFT plans under the Contrarian Cozby label. Perhaps the fees will offset at least some of my losses.

[bad70nova]

.....and be out come Monday morning.....

bad70nova - I was thinking there were a lot of folks like you who wanted to be out of the market before election day..... I was chalking up this recent record breaking decline to all you folks wanting to avoid any downside surprises because of the election....
But today - the Friday before the election - markets are rallying!?!?!?
And not just up - UP BIG - look at the S fund - up 1.12% !!!!
Where is this coming from? The jobs report this morning wasn't enough to warrant this kinda of run up!?!

In my opinion it is a last ditch rally before the election, I believe Monday will start out strong then dive late in the day for a no gain. * 8 NOV is just a guessing game, I think the market will fall quite a bit then recover 9 Nov no matter the winner. I am looking at 1 or 2 good days next week, not enough for me to chance it. Again just my opinion and we know what those are worth.

[bad70nova]

Well I got out and look at it climb, we will see if it can hold for the entire day. Friday looked good to till the 2pm time frame when it all went away. But there is always a but it should keep climbing as i'm on the side lines now.

[galveston1]

Although Trump closed the gap on Clinton somewhat over the last few days, her electoral map has shown a steady path to victory. While anything is possible, I think she will win the election. With that in mind, it seems the market reacted favorably today to the likelihood of a Clinton victory. So what's in store post election? My guess is another rally with a Clinton win. I also think the odds favor a December rate hike. It remains to be seen how the market will digest that possibility, but that seems to be already factored in. I for one am staying put at 60/S and 40/C.

[alligatorm]

...... I for one am staying put at 60/S and 40/C.

galveston1 - I'm with ya - I'm staying 100% invested in the market too. With election day finally here, that uncertainty that the market hates, will finally come to an end on that front. And like most, I too believe that a December rate hike is going to happen... so that uncertainty will be getting wiped out too.
And with bad70nova's gift of pulling out of the market on Friday and correctly predicting that HUGE run up yesterday, I've got a big smile on my face after checking my TSP balance this morning! (Thanks bad70nova ! )

[bad70nova]

Never fails, need to stick to my plan and quit playing with emotions. Once I figure that part of this out, I will do so much better. No problem next time you need a bump let me know I will get out so you can go up. HA HA.