03-30-2020, 10:57 AM
(03-30-2020, 10:37 AM)MikeWa Wrote:(03-30-2020, 10:06 AM)fenders53 Wrote: I didn't expect an up day.
Same here. I was hoping for another buying opportunity, still have plenty of cash. In the mean time I sold some JNJ on the good news.
This is my third dance with a terrified market. It really is different this time. The media and some bears with internet access will have you believe the S&P will certainly be at 1500 in a month. That could happen, or maybe not. It is far from certainty. The FED is all in on protecting this market. They might as well tell us where the bottom is short-term lol. My long positions are fat healthcare-UTEs-Defense stocks. Everything else is for sale at the right price. For better or worse that's my plan. I don't want to lose all my dividends for a year.