What Did You Buy Today?

[fenders53]

(01-29-2021, 08:06 PM)vbin Wrote:

(01-29-2021, 06:47 PM)fenders53 Wrote: Agree that LMT probably isn't rock bottom yet.  I will two share this thing down to fiddy dollars if I have to.    Looks like my PEP order tripped.  It's at the top of my buy range.  My port is only down about .35% today.  A sure sign it is the incorrect answer for a bull market.

Yup, needs to find support. It's downtrend Trading way below 200ma.

Once it heads back up I know I will stop buying it like always so I'll catch some on the way down.  If the market gets hit it could fall a ways for sure.  I was seriously contemplating selling a put at strike 335 just a few weeks ago.  That would have been way too big of a bite for a falling knife.  My LHX covered call is looking pretty good.  It's hit my downside target already.