03-26-2020, 09:56 AM
(03-26-2020, 09:34 AM)divmenow Wrote:It's that efficient market theory thing again. The most ludicrous thing anyone ever said lol.(03-26-2020, 08:50 AM)fenders53 Wrote:(03-26-2020, 08:37 AM)divmenow Wrote:(03-25-2020, 03:21 PM)fenders53 Wrote: Just noticed what the market did the last 30 minutes. That was a rough close.
What’s going on here. The market is up on that news lol. Buy buy buy!!
It's confuserating for sure lol. None of today's news is really news though. I am going to be picky with my buys if I make any. I am not even going to pretend to predict a market bottom, but I can't even fathom the next week or so isn't a bumpy ride.
I guess everyone is back to work today lol. Up 800 got to love Wall Street!! CBS is down. Can we buy that one
Sold a little BP and even some HON. If these fools run this up 1000 again I am going to trim a little off anything I own that is up. I'll sleep better if even my core positions are back to 90% of what I wish to hold long-term. I am too late to not be too early buying lol. All I can do now is get my basis down some if this market stays this volatile. I am getting really close to buying a few SPY puts. Not something I usually do.
Put TOL on your watch list. I don't think I mentioned it but it was one of my best trades the past week. The sector sounds crazy now but they have a lot of cash and they know how to survive a recession. If it pulls back again I may re-enter.