My advise would be not to get caught up in daily price movements, focus on volatility levels and longer term price trends. My expectation is for continued high levels of volatility with some up and some down days, but for the overall longer term trend to continue to be negative. When/if the Dow Jones hits 20,000 I am in at a 25% allocation. After that I will continue to add exposure each time the Dow declines another 1,500 points, if it happens. I hope my expectations are wrong, but it’s good to have a plan.
|
At what point does Boeing start to look attractive? lol
|
Boeing looks attractive near zero. They have exhausted their first emergency draw on their line of credit and have now requested the max at $13 B or some number. When that is exhausted, bankruptcy
|
S & P -6%. Can't wait for that bell to ring.
|
Quote:
Good luck, sportsguy |
They are targeting the circuit breaker of 7% at the close to trap peeps (from the rate of descent at this time of day) Its a prediction, at 3:20, not a fact, but has a shelf life of 40 minutes to come true, or not. Reasoning, the White House just declared Corona virus meetings classified from now on. Which is F* ridiculous. . .
|
Quote:
|
So, the S&P 500 Index just closed at 2741. One year ago, it closed at 2783. No big deal.
|
5 more down days like today and S&P 500 will be at fair value :)
|
Quote:
|
Quote:
|
Quote:
BTW - You can just dismiss those who fixate on the DJIA :) |
"Gubbermint Leadership" is always code for stealing wealth from the bottom 90% (aka, The Basket of Deplorables) and transferring it to the upper 10% (aka, The 1%).
Bring it on! :) |
Quote:
With the markets limit down overnight, now is a good time to just be patient and wait. 18 holes to discuss the markets? sportsguy |
Ask Yourself - What would Jesse Livermore do? LOL
(Everybody still in the speculation game should read his book.) |
All times are GMT -5. The time now is 11:04 AM. |
Powered by vBulletin® Version 3.8.11
Copyright ©2000 - 2024, vBulletin Solutions Inc.
Search Engine Optimisation provided by
DragonByte SEO v2.0.32 (Pro) -
vBulletin Mods & Addons Copyright © 2024 DragonByte Technologies Ltd.