What I Am Buying Today.

[fenders53]

(12-16-2021, 10:12 AM)divmenow Wrote: ADBE should give you a clear clarification just how over valued tech still is and just how much they were pumped up. I think I will stay in the high dividend payers and not even look at tech for another 3-6 months

BTW anyone follow IEP, TFSL, CWEN, or EPD?

I just bought some CWEN and may buy the others today.

IEP - We all know Carl Icahn. This stock pays a nice $2 dividend and is at the bottom of it's trading range.

We agree for sure.

It's my opinion that short of a miracle market, one by one overvalued stocks are going to get a haircut over the next 3-6 months.  Tech especially, but even some of our Div favorites.  I've been crying HD and retail is getting out of hand.  Is HD it going to drop like PayPal or Adobe?  Well no, but its delusional to think it can't drop $60 in a month if they drop even a hint that a quarter is going to be flat.  You don't have to run out and sell it but stop adding on a three buck dip.  There are decent deals out there finally and more are probably coming.

I feel sorry for silly kids that think they are getting a deal on a SPAC that is half off, when the thing was 5X overvalued before the dip.