(03-15-2021, 09:00 PM)divmenow Wrote:(03-15-2021, 08:50 PM)fenders53 Wrote: For the most part we just pick and choose which ever historically high PE we think might run higher. Buy the dip and tell ourselves it's a good deal vs something else. That has been working for a long while. My port is way past ATH. Whatever dipped two weeks ago runs the next week.
I will just enjoy it while it lasts. Everything I own is running except pharma and defense which are among my favorites. Can't believe I am trimming a few UTEs I bought early this month. It's just become a game we try to make sense of.
Eventually that theme will run it’s course lol. I’m all for just buy anything and everything. It will keep sky rocketing:
I think no one wants to be short after the GME and all these crap stocks they run up lol. Sooner or later the market will get it right and back to norm. Right now every teenager and young investor think stocks are an easy way to make money. But that day is coming where they will be jumping out windows ?
I agree. We will take a pause here as valuations are way too extended. There are pockets of value but that pocket is very small lol
I like some oil. BP is one I have been adding too. I added more this morning at $25.78. I think we get back to $35-36 by end of summer. Still pays a nice dividend
Bought MRO as well on the dip