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|User Info||The Pattern of The Market; entered at 2017-02-12 11:47:14|
I have utterlynoremorse, however, over sitting out the "last burst" of run-up in either case -- because the odds are nearly 100% that youwon'tget the call on the exact time right to exit, and you risk far more than you can make by trying to do so -- or even worse you wind upsecond guessingon what youthinkis a "dip to be bought" and finding out that what you just walked into with your money is an elevator shaft on the 100th floor -- with no car.
I have been out of the market since late 2007 and I've not gotten back in for the reasons you list above. I know I can't time the market and, with everything so overvalued, I feel like I would be trying to pick up pennies in front of a steamroller.
Too much risk, too little reward.
All surprises would be to the downside.
I'm going long physical fitness and enjoyment of the simple things.