What Did You Buy Today?

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(04-20-2021, 02:45 PM)divmenow Wrote:

(04-20-2021, 02:21 PM)stockguru Wrote:

(04-20-2021, 01:17 PM)ken-do-nim Wrote: NAIL tripped its circuit breaker and is gone.  Now I get to learn how to watch a triple leveraged fund and know when it is time to get it back into the fold.  LABU, for instance, is still in "good riddance" territory.  NAIL (nor LABU) won't return to the taxable portfolio though; it will only come back in the ROTH.  I had bought it back in May of last year so the rise from $20/share to $80/share is all short term gains... yikes!  

I took the NAIL proceeds and sprinkled it around to the other triples which were all on sale today (TECL, TQQQ, SPXL, RETL, etc.).  I also bought more CSCO and CURE (the only triple which is still rising, because it is 10% JNJ).

You ever hear that saying. Buy low and sell high 

Your buying high and expecting higher 

Question. Just curious why you buy everything in the same sector or sector like? These type of etf's are all up too much, and the market will soon price them right. As of now was over valued. One big correction and these will get whopped 

I thought you learned your lesson on MARA 

And no I'm no attacking you lol. All these investors expect a triple from here when they already tripled lol. No one is happy with 5% anymore. Everyone expects 100-200 percent lol

My buying is to buy stocks when there out of favor and leave the high flyers alone. These high flyers are going to get hit hard in the coming months.

I'm already short on 8 names and that list is growing....

Stop with the attacking on poor ken-do-nim lol. But I do agree with you on the buying spree of ETF's 

I would much rather just put it all in SOXL. And forget the rest lol. At least you get a small dip here. I actually bought 200 shares just now only because it holds AVGO and NVDA. And both names I love. 

BTW what did you do with MARA. Still hold or did you cut your losses?

I want to buy back soxl as well. May be we get to see below $33? Lol