03-25-2020, 12:24 PM
(03-25-2020, 12:22 PM)fenders53 Wrote:(03-25-2020, 12:17 PM)kblake Wrote:(03-25-2020, 12:13 PM)fenders53 Wrote:(03-25-2020, 11:59 AM)kblake Wrote: I am with you there on this rally. Not going to last. We will test the lows or least close to it.I refer you to my first rule of investing. Never do today what you wish you had done yesterday, last week or whatever. You missed the CLX ride so just let it go. The bleach rally will end soon lol.
I sold a a lot of names too into this rally. Sitting on 50% cash now and got out without that much damage.
WMT in on my watch list divenow. Nice job on MO. I sold that one as well and DIS
BTW thoughts on CLX?? I'm thinking of buying a position here
The ride up... Was that just an educated guess. Its down from $197 in just a few weeks to $163. So its more at the bottom of its trading range
It's a cleaning products company trading at a 26 PE so jump back in if you like. They willl have a good quarter. I see 100 better options today.
There's no better options today with the market up 1200 points