07-20-2020, 12:01 PM
(07-20-2020, 11:29 AM)Otter Wrote:(07-13-2020, 11:09 AM)fenders53 Wrote: Ha, trying to fight the temptation to sell my QQQ too early.
In 2020, it has been a pretty safe bet to short QQQ once the RSI pops above 70, and then go long again after it has a big drop day (like 3-4%). Am not trading it (or anything) at the moment, as we got cashy to buy a new place and pay for moving expenses.
I am not doing anything to excess right now. I keep a little QQQ in the port just to say I am diversified. When it dips (which has been rare in 2020), I sell a few out of the money puts and grab some quick cash I can use to add DGI shares with. I've seen this movie before and I am not going to sit on individual tech shares that take 5-20 years to get back to even and pay zero or next to zero dividend.