To ianmac…. You asked what I think…
If you went to 10 different Market sites, you’d get 10 different opinions on where the market is going.
If you subscribed to Tom Lee’s site he would tell you to be 100% in stocks and hearing the market is going to have another banner year.
You’re here, so you’re going to hear the market is eventually going down 50%.
If you’re following Randy’s outlook, and it’s working for you, and you’re comfortable with it, great.
I like Randy’s analysis, but I pay more attention to fundamentals than he does, and I can’t position my portfolio for a 50% drop with the way circumstances are right now in the market.
You have to do what makes you able to sleep at night.
***Warning, this is not investment advice****
For me, I have the huge bulk of my portfolio all in bullish ETF’s. I have a small portion of playdough that I buy and sell with for fun.
In percentage terms, the ETF’s are crushing the buy and sell play money.
Wrong choices & bad decisions on buy and sell timing are my doing.
I cannot follow Randy’s every move, and sometimes I can’t tell if he’s in or out of the market or a trade.
PaleFlame echoed my feelings and expressed it in his comment very well. (below).

If you have a lot of capital it’s hard for me mentally to solely take Randy’s calls. I’d rather ride a bull market for most of my money (stock market, metals) and set a side a small amount to trade around. I don’t have time to manage and deploy tens of thousands across a lot of positions or feel comfortable going hard on a lot of Randy’s countertrend trade.

He talks about the profitability of his trades but if you are not 100% invested (and be right) then you are probably still losing out to someone fully riding the markets doing absolutely nothing special. So it has worked out a lot better for me following market trend with most of my money and having a bit of powder for calls randy makes that I feel very confident in as well. For me that has been buying lagging stocks with bullish divergence rather than shorting.

It broke its uptrend with a bearish engulfing. I think it may retest its 11.25 support before the next leg up. Which is also contributing to my desire to close my SQQQ long I’ve been holding for a couple of weeks now.

I don’t know what button to punch. I just want to make money, I don’t care if it’s the bull or bear side. Right now I’m holding SQQQ. Although I have been considering to close it out going into the weekend.

Can I ask as a bull on here, what do you think to the subscribers that have perhaps followed Randy’s Bearish outlook for the last two years and waiting for the day his long term targets hit?