(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.

(04-07-2020, 09:52 AM)divmenow Wrote:

(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.

Well no one listens to Guru anyway so lol 

(04-07-2020, 10:34 AM)divmenow Wrote: SPG up big today. Should we short it ?

(04-07-2020, 10:35 AM)fenders53 Wrote:

(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.

(04-07-2020, 09:52 AM)divmenow Wrote:

(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.

Well no one listens to Guru anyway so lol 

I still miss her.  It's getting hard to trade this market without her sassy mouth telling me I am too bearish everyday.  

Her PII watch turned out to be a good trade this week.  I bet she sat on her little bull hands and never pulled the trigger. 

(04-07-2020, 10:53 AM)divmenow Wrote:

(04-07-2020, 10:35 AM)fenders53 Wrote:

(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.

(04-07-2020, 09:52 AM)divmenow Wrote:

(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.

Well no one listens to Guru anyway so lol 

I still miss her.  It's getting hard to trade this market without her sassy mouth telling me I am too bearish everyday.  

Her PII watch turned out to be a good trade this week.  I bet she sat on her little bull hands and never pulled the trigger. 

Her PII and VFC picks were both good ones. But like you said she probably took the dog for a walk and forgot once she took that baggy out to clean up its mess  

Guru you got anymore picks??... What ever you mention this time I'm going to buy. They don't call you the Guru for nothing 

(04-07-2020, 11:12 AM)stockguru Wrote:

(04-07-2020, 10:53 AM)divmenow Wrote:

(04-07-2020, 10:35 AM)fenders53 Wrote:

(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.

(04-07-2020, 09:52 AM)divmenow Wrote:

(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.

Well no one listens to Guru anyway so lol 

I still miss her.  It's getting hard to trade this market without her sassy mouth telling me I am too bearish everyday.  

Her PII watch turned out to be a good trade this week.  I bet she sat on her little bull hands and never pulled the trigger. 

Her PII and VFC picks were both good ones. But like you said she probably took the dog for a walk and forgot once she took that baggy out to clean up its mess  

Guru you got anymore picks??... What ever you mention this time I'm going to buy. They don't call you the Guru for nothing 

You guys are hilarious hahahaha!! Glad your having fun at my expense    And I did take my dog for a walk but I bought PII before I left. So take that 

What do you think about buying a put in BA? I see it going back to $125 and that would give me the option to buy it make a profit in it with the option.  Good choice  Fenders?? I want to try it out for my first time 

(04-07-2020, 02:13 PM)vbin Wrote: Bought Atlas corp's prefferred stocks. Yielding at 14%.

Has anyone else looked into prefferred stocks? I am thinking to allocate some money to PFF( ishares prefferred ETF) yeilding at 6.8% right now.

(04-08-2020, 08:58 AM)divmenow Wrote: So AAPL, DRI and TWTR all upgraded to buy this morning. Very interesting. I can’t remember the last time I saw an upgrade lol. Maybe we have bottomed. Hmmm