I think this broad market is two things at the same time. 1) The most dangerous market I’ve seen in 40 years in the profession. And, 2) the most opportunistic. Yes, both can be true at the same time.
However, the buy-and-hold thing is dead in the water for the foreseeable future. Markets are too mechanical now, and that has forced my hand. I’d say at the start of this decade, I was 70% investing and 30% trading. Now, I’m doing 90% trading and 10% investing.
