03-31-2021, 05:58 AM
(This post was last modified: 03-31-2021, 06:00 AM by ken-do-nim.)
Agreed which is exactly why I will be writing up a "drawdown rule", so when it starts tanking beyond a certain point I am out. That said, I feel much more comfortable holding TECL (Microsoft/Apple), SOXL (Intel/BroadCom), CURE (Johnson & Johnson), and NAIL (Sherwin Williams, Home Depot, Lowes) long term then some of the others like LABU (lots of little biotech companies) and RETL (Gamestop) and even DFEN (Boeing, Raytheon). DFEN and NAIL have been my stars recently, and even CURE has come back to life thanks to JNJ.