By getting back into the market when the market is soaring will only guarantee that you will be buying shares at a premium, meaning you will be buying high. This is goes against all that we've been taught over the years to "Buy Low and Sell High". Also, it is important to understand that when the market is doing well, this is the time that the risk is at its highest point, meaning there is a greater likelyhood that a drop is coming soon. Conversely, when the market is doing poorly it is the greatest time of opportunity in the market. When the market is down, you have the ability to buy more shares at a cheaper price and then when the market goes back up, even it just a little bit, that is when the growth happens.
Yes, there are people who, I like to call "Professional Stock Watchers" and they may do well, however, I wouldn't recommend that strategy for the average investor. Nobody, not even the experts know what is going to happen in the market tomorrow, so it is very hard to try to time the market. Plus, with Dollar Cost Averaging, you actually benefit from all of the ups and downs in the market over time.
So, am is saying that you shouldn't get back into the market now that the market is doing great? No, because I believe that any time is a good time to get into the market. I am however offering a word of advice that you should not try to time the market. Once you get into the market, you need to realize that this is a long-term proposition and you need to ride out the ups as well as the downs in the market.
Remember that once something is reported as news, it is already history. So, stick to your long-term investing strategy and when you need to make a decision use your head ... not the headlines.
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