12-22-2018, 05:42 PM
I usually kick myself for not taking advantage of solid dips / corrections. I hem and haw and nibble until prices go back up and then wonder what I was so timid for. So I'm planning to be more aggressive than normal (for me) this week, if the current prices persist or fall further. My shopping list: XOM, T, GIS, BUD, and maybe even a little more MO. Oh, and a few shares of GOOG for giggles.
Yes, if prices keep falling, I'll wish I had waited. But I have a fair amount of dry powder, so I could keep buying in that case. With consensus so overwhelmingly in the "recession is inevitable and imminent" camp, though, it seems to me that we could be on the verge of a big rally.
Yes, if prices keep falling, I'll wish I had waited. But I have a fair amount of dry powder, so I could keep buying in that case. With consensus so overwhelmingly in the "recession is inevitable and imminent" camp, though, it seems to me that we could be on the verge of a big rally.