(03-18-2020, 05:14 PM)navyasw02 Wrote: What's up with O? I was about to pull the trigger, but luckily held off. I woke up to see it down big time.The market is systematically taking almost ever sector behind the woodshed for a flogging. The reason is obvious for airlines, cruise ships, restaurants etc. When a specific enough reason can't be found there is always the high probability of a recession and some individuals and businesses struggle to pay their bills. It's a real threat and nothing is truly worth as much as it was last month. This happens in every bear market. It's our job to assess when it's overdone and pick our entry. Then close your eyes and ears and don't get scared into realizing a paper loss when you failed to accurately pick the bottom. That's the hard part for many investors.
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JMHO but that's how it's always worked before. I went long O today for the first time ever.