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It's unfortunate that the average person is told to not try to "time the market" even though some of the pullbacks are obvious based on data. I even had a calendar reminder for mid October to sell everything and hold cash until "the" pullback. Expecting a 20% pullback, but starting to DCA at 10% drop. Did I follow this? No. I held everything and continued like most of the lemmings. Sadly this is the institutions skimming all the money from the 401k deposits propping up inflated prices. They'll then give some of it back as they buy back in, we'll all be thankful, and we'll wash rinse and repeat. Stock market is a well oiled scam in my opinion, but what else is there for us to work with?
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