A bunker might be a good place today to avoid more shelling and protect oneself from the bears. Futures are weak, Asia was down big except China & India and Europe is down.
The WSJ had an interesting story about high home prices in Europe hurting consumers.
I plan to just wait and think.
The Tribe lost games 6 and 7, so the Red Sox go to the World Series :-(( I'll be rooting for them since I always favor the American League over the fuddy-duddy, old fashioned National League. Go Red Sox !!!
I'm going to wait and am thinking about moving up a planned addition to my Krypto Fund. I'll do it on this dip likely.
The S&P cash is on the 50 DMA and the rough uptrend line. The 200 DMA is a bit lower, just under 1480.
After completely making a cluster FUBAR of my oft-preached time diversification, I'm a quite annoyed at myself. Expecting an October pullback and then missing it is quite inexcusable. I'm still susceptible to "buck fever", which is a hunter's term for getting excited and rushing a shot, causing a miss. That's a pretty good explanation for what I did.
So I'm being patient and am not going to rush this next add. The beefers are stomping around and looking for their payday. I suspect they are really hurting this year. I'll wait for a base consolidation and continuation pattern to form. But I think I'll send the money into the account to be ready to buy stocks at the right time.