02-27-2020, 10:25 PM
(02-27-2020, 04:32 PM)vbin Wrote: I think market might be up tomorrow, 4 days down is much. Closed my other s&p put also. XOM at $49. There has to be value in oil. You gotta be kidding me otherwise.
I'm not confident a rally can last before this weekend, but we should be due for a dead cat bounce any day now. Utes finally went down meaningfully today. One of the last holdouts. I'm amazed the MMM rally held today. I assume it did anyway. I haven't seen the market since it dropped the last 500 points. Probably for the better as I need to pace myself on new purchases. I haven't kept track, but I am sure I have purchased a dozen stocks an average of three times per trade. I have caught the bottom (so far) on perhaps three. Maybe I should buy one share every five minutes so I can claim I caught the bottom for the day. I am starting to see signs of a few stocks finding solid support, but not many. PFE seems determined. DAL jumped nicely after the morning onslaught. I am expecting a lot more pain for tech if things don't stabilize.