03-25-2020, 11:32 AM
(03-25-2020, 11:15 AM)DividendGarden Wrote:I believe I mentioned it's a fine company. I've owned it a week and up a years worth of returns, like pretty much everything else I listed. We'll be DIS brothers again very soon. I've seen this movie many times before. The market was historically oversold and this is a classic bull trap if I ever saw one. If I am wrong, well there is always the 80% of my port in long-term hold that is badly beaten up. I'm not pretending to get rich here but I am taking very short-term profits off the table. Some of these stocks are up 20-25% in a week. I think I'll get another chance to buy back VERY soon.(03-25-2020, 11:13 AM)fenders53 Wrote: I've sold or at least trimmed the following fine companies today.
BP-CBRL-FUN-HON-DAL-TXRH-O-DIS-AMZN
Sold a few covered calls as well, all expiring Friday. Need my weekly $500 free cash fix lol. I'll roll them forward a few weeks if the market keeps flying higher which I highly doubt. I smell a bulltrap. The market was historically oversold.
A lot on my buy list but it can wait a few days.
I bought DIS today and you sold it. This is how there's a market.