(04-06-2020, 08:46 AM)crimsonghost747 Wrote: Well, guess the world is saved and the pandemic is over again!
Bought some REE from Madrid this morning again. They didn't rocket like the rest, so it's the only one I managed to grab from my buy list today.

(04-06-2020, 10:37 AM)divmenow Wrote: Another 2 points and I will be even on RTX

I will be adding on big dips. Ny goal is for this to be in my top 3 holdings

I took advantage today and trimmed some more names.

Tomorrow we go down 1500 points lol

It looks like that CBRL put isn't looking good lol

(04-06-2020, 11:26 AM)divmenow Wrote: CNBC The bottom is in.... BUY BUY BUY lol

I just went long CBRL HAHA!

Did you get any HD ?? I really want to add. Too many times I miss it and then it goes to $225 lol

(04-06-2020, 04:03 PM)divmenow Wrote: Ha the shorts got killed today!!! There getting a little nervous on that side... huh lol

We shall see if they scramble tomorrow or it’s back to them in charge again. It’s going to be an interesting day tomorrow.

(04-07-2020, 07:20 AM)fenders53 Wrote:

(04-06-2020, 04:03 PM)divmenow Wrote: Ha the shorts got killed today!!! There getting a little nervous on that side... huh lol

We shall see if they scramble tomorrow or it’s back to them in charge again. It’s going to be an interesting day tomorrow.

I've come around to the idea of hedging my port, but outright shorting or pure cash has always scared me.  It's way too easy to get your face ripped off if you short so much that you are forced to cover in just a few days.  Too many of them use margin.  There is no rational reason for the market to run this hard right now, but the market is irrational so often.  Who knows if it will last, but we are possibly looking at up 2500 DOW pts in two days or less, the second time it's done this in about three weeks.    

So what to do?  My equity %  is where I want it for the long run right now.  Probably a little too high for my age.  A couple stocks I wished I had bought weeks ago but I have to fight the FOMO.  It's possible we've seen the lows, but straight back up seems impossible with the earnings we know are coming.  I will probably trim just a little more so I have a little more cash. Moving slow has been a good plan.

(04-07-2020, 09:21 AM)fenders53 Wrote: It's been amazing to watch.  I will buy an economy on the way up, but absolutely not one very clearly on the way down.  Almost all of the "great buys" are an illusion.  I won't chase stocks that have bounced 20% in a week for no economic reason.  Few stocks are good deals now, they just happen to be cheaper than they were when they were over-priced barely a month ago.  Nothing good happened since then.  I trimmed some more this morning.  I entered this with too much cash and bought big time on the way down, so taking a few profits.  I still own about 45 stocks and I still like most of them long-term.  I refuse to believe at least some of them won't give me a very good entry point if I show a little restraint.  I have a ton of long shares and always will.  I am fine no matter which way the market goes short term.

As always I appreciate the back and forth debate.   I learn more from those who challenge my thoughts.  I'd like to think it makes us less likely to walk off the cliff like a bunch of sheep.  The long-term DGI thing still works if you watch your valuations.   The rest is noise in the end. Or blah,blah,blah and Guru likes to say lol.