me either. i'm 80% cash since november and missed all of the downturn. can't decide if i should get back in tomorrow. everyone says high inflation and raising interest rates will cause high PE and low profit stocks to crash. they did. ...but does that mean they go back up now or are now fairly priced?Well stuff like nvidia and amd seemed to benefit greatly. Also apple. Stocks that hadn't dropped that much compared to a lot of other stuff.
that relief rally whiplash really through me. i expeted some bounce but that was an insane turn around on hearing exactly what we expected to hear. as i reviewed stocks tonight i noticed the biggest bounces were in meme stonks so now i'm worried its a bull trap.
Good timing on going cash mostly! I was not able to do that. Should've done it, of course. I didn't expect stocks that were already not doing well to continue going down
