(01-21-2022, 06:22 AM)cemanuel Wrote: I plan to sell BMY from my Roth after the market opens. Both AMD and NVDA have reached my purchase price - or the price I had for them a little while back. But with the market charts looking like they do I'll sit on the cash for a bit and see where the prices go.

I'm also looking at selling the "growthier" MFs from my 403b, including a Nasdaq Index Fund. It's something I hate the thought of doing - and never have done - but I'll be converting it to stocks some time after 2/19/22 when I do the IRA rollover and right now I'm thinking cash will retain value better for the next month.

NOTE: I suck at selling. I've been thinking of selling the funds since Tuesday. As I'm waiting until today, chances are that as usual the barn door will shut after all the critters already escaped and Monday will see a market turnaround. ; Of course I haven't sold yet - this really goes against my grain, even for 30 days.

The Roth is TR, as the IRA will be. The taxable account is for dividends and this market action to me is meaningless there as I'm no longer buying new companies and like what I own in it, other than T.

(01-21-2022, 08:59 AM)stockguru Wrote:

(01-20-2022, 09:16 PM)fenders53 Wrote:

(01-20-2022, 06:07 PM)stockguru Wrote: I just saw this…

Take  a look at the last hour of trading in Clorox that doesn't report for a bit. Unless it preannounces tonight and the seller has illegal info, no human trader would sell it like that. Just a stupid program mowing down everything at crummy prices.’

That sums up crooks at work lol. All these insiders know before hand.  Programs, bots are making these trades and drops. We seen this before. SCC really needs to crack down on this crap.

I looked at chart but not quite sure what you are talking about.  A lot of stocks got slammed late in the day.

Those were Cramer's words not mine lol. I was on his twitter account and was reading all the replies

(01-21-2022, 06:22 AM)cemanuel Wrote: I plan to sell BMY from my Roth after the market opens. Both AMD and NVDA have reached my purchase price - or the price I had for them a little while back. But with the market charts looking like they do I'll sit on the cash for a bit and see where the prices go.

I'm also looking at selling the "growthier" MFs from my 403b, including a Nasdaq Index Fund. It's something I hate the thought of doing - and never have done - but I'll be converting it to stocks some time after 2/19/22 when I do the IRA rollover and right now I'm thinking cash will retain value better for the next month.

NOTE: I suck at selling. I've been thinking of selling the funds since Tuesday. As I'm waiting until today, chances are that as usual the barn door will shut after all the critters already escaped and Monday will see a market turnaround. ; Of course I haven't sold yet - this really goes against my grain, even for 30 days.

The Roth is TR, as the IRA will be. The taxable account is for dividends and this market action to me is meaningless there as I'm no longer buying new companies and like what I own in it, other than T.

(01-21-2022, 03:48 PM)cemanuel Wrote:

(01-21-2022, 06:22 AM)cemanuel Wrote: I plan to sell BMY from my Roth after the market opens. Both AMD and NVDA have reached my purchase price - or the price I had for them a little while back. But with the market charts looking like they do I'll sit on the cash for a bit and see where the prices go.

I'm also looking at selling the "growthier" MFs from my 403b, including a Nasdaq Index Fund. It's something I hate the thought of doing - and never have done - but I'll be converting it to stocks some time after 2/19/22 when I do the IRA rollover and right now I'm thinking cash will retain value better for the next month.

NOTE: I suck at selling. I've been thinking of selling the funds since Tuesday. As I'm waiting until today, chances are that as usual the barn door will shut after all the critters already escaped and Monday will see a market turnaround. ; Of course I haven't sold yet - this really goes against my grain, even for 30 days.

The Roth is TR, as the IRA will be. The taxable account is for dividends and this market action to me is meaningless there as I'm no longer buying new companies and like what I own in it, other than T.

To fill in what I did. Sold BMY at $64.59, bought NVDA at $234, my "one more share" price. I'm going to just keep holding the funds through the rollover. I do think they'll drop more but I don't think it'll be by all that much. Earnings start rolling in next week which I expect will mute the move down. So sure - tech will probably go down another 5% or so but I think there's a good chance that a month from now it'll have hit the bottom and be back to at least where it is today.