03-12-2020, 11:57 AM
(03-12-2020, 10:52 AM)kblake Wrote: added some T and ABBV just now.. Slowly buying lol
(03-12-2020, 11:37 AM)Kerim Wrote: If the whole market gets to a 50 percent pullback, I may even just start buying some indexes.
A lot of us here have an S&P 500 based fund on the side. It's certainly less complicated and generally safer if you decide to play the bounce when the entire market is hammered. I suspect there is too much liquidity for a 50% off sale, but if you are real cashy you should be wishing for it.
And Hey Stockguru, remember when you wanted to buy Wendys last week at about $19? Hopefully I talked you out of it. I'll pick up a few shares today. Yeah I know every damn thing is on sale and anything restaurant can keep getting stupider while the market is panicking. WEN is one of my favorite low dollar stocks with an above average and also reliable dividend. The chart's busted like everything else. It's been a great trade for years. When it gets toppy I just sell a covered call against the shares. You get about a years worth of extra "dividends" per month until it sells itself out of your port.