Nov

1

Is buy-and-hold investing dead?

November 1, 2023 |

[28 Oct] is buy and hold investing dead? after 64 days since the last 20 day max on 7-31-2023 and three twenty day minima in a row, time to throw in towel. but in situations like this, its 97% bullish for 13 days later with a 130 big S&P expectation, so don't. and presidential odds increasing - also bullish.

yes i've lately been wrong. should i give up ship about 5 occasions a year like this - all with expectation of 13 days to next 20-day max and big positive expectation? one recall 1998 when Dow stood at 800 and one started buy and hold.

Steve Ellison responds:

There have been many bear markets (which can only be identified retrospectively) that lasted a year or more, with one as recently as 2009. I usually interpret buy and hold to pertain to a period much longer than 3 months.

[1 Nov] well that's 118 pts of the 130-pt expectation i noted. but it took 3 days not 17.

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