What Did You Buy Today?

[divmenow]

(04-07-2020, 10:35 AM)fenders53 Wrote:

(04-07-2020, 09:21 AM)fenders53 Wrote: It's been amazing to watch.  I will buy an economy on the way up, but absolutely not one very clearly on the way down.  Almost all of the "great buys" are an illusion.  I won't chase stocks that have bounced 20% in a week for no economic reason.  Few stocks are good deals now, they just happen to be cheaper than they were when they were over-priced barely a month ago.  Nothing good happened since then.  I trimmed some more this morning.  I entered this with too much cash and bought big time on the way down, so taking a few profits.  I still own about 45 stocks and I still like most of them long-term.  I refuse to believe at least some of them won't give me a very good entry point if I show a little restraint.  I have a ton of long shares and always will.  I am fine no matter which way the market goes short term.

As always I appreciate the back and forth debate.   I learn more from those who challenge my thoughts.  I'd like to think it makes us less likely to walk off the cliff like a bunch of sheep.  The long-term DGI thing still works if you watch your valuations.   The rest is noise in the end. Or blah,blah,blah and Guru likes to say lol.

(04-07-2020, 09:52 AM)divmenow Wrote:

(04-07-2020, 09:21 AM)fenders53 Wrote: It's been amazing to watch.  I will buy an economy on the way up, but absolutely not one very clearly on the way down.  Almost all of the "great buys" are an illusion.  I won't chase stocks that have bounced 20% in a week for no economic reason.  Few stocks are good deals now, they just happen to be cheaper than they were when they were over-priced barely a month ago.  Nothing good happened since then.  I trimmed some more this morning.  I entered this with too much cash and bought big time on the way down, so taking a few profits.  I still own about 45 stocks and I still like most of them long-term.  I refuse to believe at least some of them won't give me a very good entry point if I show a little restraint.  I have a ton of long shares and always will.  I am fine no matter which way the market goes short term.

As always I appreciate the back and forth debate.   I learn more from those who challenge my thoughts.  I'd like to think it makes us less likely to walk off the cliff like a bunch of sheep.  The long-term DGI thing still works if you watch your valuations.   The rest is noise in the end. Or blah,blah,blah and Guru likes to say lol.

Well no one listens to Guru anyway so lol 

I still miss her.  It's getting hard to trade this market without her sassy mouth telling me I am too bearish everyday.  

Her PII watch turned out to be a good trade this week.  I bet she sat on her little bull hands and never pulled the trigger. 

Her PII and VFC picks were both good ones. But like you said she probably took the dog for a walk and forgot once she took that baggy out to clean up its mess  

Guru you got anymore picks??... What ever you mention this time I'm going to buy. They don't call you the Guru for nothing