I believe you are wrong. No such thing as fast money and the way stock is acting, nobody seems scared. In fact, nobody has been scared all year. Not that the sales and earnings aren't fine, but this is why retail never makes money. They are gambling nt investing.
This is the time to accumulate shares. Warren Buffett accmulates shares of companies and holds them orever. But he continues to accumulate when they are low for as long as they are low. It can be years! until one gets their outsized return. Meaning a comp[any like Deckers can stay stagnant for the next 5 years, with inventories coming into line, growth in other lines and cash piling up. The stock desn;t automatically move for these reasons. Retail gets too caught up in "fast money" of which there is no such thing. I've been accunmulating shares for over a year now and I will continue to do so as we remain low or go lower.
I have no "if it doesn'tgo up after earnings or it tanks I'm out" thoughts. If it goes lower I buy as I am accumulating shares of a great brand/well managed company on the cheap nd in 10 years when I'm 34 I expect to be earning a nice dividend with a 7-10B market cap on this company while I'm in hawaii. Other retail traders will have gone in and out expcting "fast money" of which doesn;t exist. Go to the casino and play some blackjack.If itsinstant action you want, thats where you will gt it. Not in the stock market.
That's one way of investing of course. I don't like holding shares that long. For me it's more of a hobby ; picking shares I believe will do great in a couple of months. Buy low, sell high and maybe get back in later. I would be happy to sell at 50$ after earnings (which I believe is possible) and get back in below 40$ if the time is right. Good luck anyway !