I don't like the 401k disadvantage of not being able to sell at intraday prices. Good luck, Stif. I really don't believe there will be a taper before the end of the year. The Fed sure has created a monster though. Any whiff of taper fear and the market crumbles. Interest rates must go up. A huge generation of baby boomers getting 1% on their savings = millions more on government assistance when they run through their savings due to 4% inflation eating it away.
I hate not being able to sell intraday myself. I mever said taper, i said pull back. Lol. We saw it right on q. I havent been keeping up much, been busy. Taper means slow burn equilibrium or fall. Thats not likely till next year. We completed 5 waves on the S&P so we needed a pullback to either reset for a new high or finish the year. Had the S&P co tinued its rally, Dpw was set for a major spike but now will be held to a slow grow. Hopefully weve already gotten the worst out of the way for the year. I do beleive 4th q earnings will be nice. Liver it up has no choice... So i wouldnt bet against it.