|
BTD
Dec 21, 2020 15:27:19 GMT
via mobile
Post by Chahta on Dec 21, 2020 15:27:19 GMT
What are we buying today?
|
|
|
BTD
Dec 21, 2020 15:36:02 GMT
Chahta likes this
Post by rhythmmethod on Dec 21, 2020 15:36:02 GMT
What are we buying today? Hey Gary, I and a few others posted on the BSW thread. I AM curious about what folks have on their shopping list for the future.
|
|
|
Post by helmut on Dec 21, 2020 16:11:12 GMT
I find it rather difficult to buy equities on this so called dip when everything on my list is near their 52 week high. I wonder is this just a pause in the market or do we have more down side in our immediate future?
helmut
|
|
|
Post by uncleharley on Dec 21, 2020 16:18:28 GMT
I am not buying a thing today and have moved to a 25% cash position. This mornings move has been sharp and on high volume, indicating it will run for a while. How long will it run?? I don't have that answer but my feeling is that this sell-off has the potential of testing the lows of this past March.
|
|
|
Post by Chahta on Dec 21, 2020 16:25:14 GMT
I agree with all of you. Sold my QQQ last week. Hi vol due to triple witching per YBB.
|
|
|
BTD
Dec 21, 2020 16:45:27 GMT
Chahta likes this
Post by steadyeddy on Dec 21, 2020 16:45:27 GMT
I am not buying a thing today and have moved to a 25% cash position. This mornings move has been sharp and on high volume, indicating it will run for a while. How long will it run?? I don't have that answer but my feeling is that this sell-off has the potential of testing the lows of this past March. I am not sure I am that bearish yet. I have significantly trimmed my equity position though, and also am sitting on a pile of cash.
|
|
|
BTD
Dec 21, 2020 17:09:42 GMT
via mobile
Post by Chahta on Dec 21, 2020 17:09:42 GMT
I plan to buy QQQ back and maybe add to QQQJ and VEU. Chang makes a good argument for foreign value.
|
|
|
BTD
Dec 21, 2020 19:36:57 GMT
via mobile
Post by chang on Dec 21, 2020 19:36:57 GMT
The dip appears to be fizzling out. I had plans to add here and there, but I put those plans on hold. Am continuing with FISMX purchase though (BSW).
|
|
|
Post by rhythmmethod on Dec 21, 2020 20:02:09 GMT
The dip appears to be fizzling out. I had plans to add here and there, but I put those plans on hold. Am continuing with FISMX purchase though (BSW). Right?! Is this because there is so much $$ FOMO? "Will there ever be a dip again". RM just uttering this might assure a large-scale crater..
|
|
|
Post by uncleharley on Dec 21, 2020 21:03:13 GMT
The dip turned up on lunch hour trading and not particularly strong volume. What it did do was rise high enough to fill this mornings gap done. With that gap filled, the broader market is set up for a further decline.
|
|
|
BTD
Dec 21, 2020 21:53:53 GMT
via mobile
Post by Chahta on Dec 21, 2020 21:53:53 GMT
The VIX up again.
|
|
|
BTD
Dec 22, 2020 13:54:55 GMT
Post by uncleharley on Dec 22, 2020 13:54:55 GMT
According to an article on Marketwatch this morning, domestic GDP is expected to finish the year with a 3.3% decline yoy. That is an improvement over the previously anticipated 3.7% decline
|
|
|
BTD
Dec 22, 2020 22:01:53 GMT
Post by uncleharley on Dec 22, 2020 22:01:53 GMT
If I could be authorized to post on the T/A thread, I would start a thread there.
|
|
|
BTD
Dec 26, 2020 13:36:48 GMT
Post by uncleharley on Dec 26, 2020 13:36:48 GMT
|
|
|
BTD
Jan 4, 2021 17:55:53 GMT
Post by Chahta on Jan 4, 2021 17:55:53 GMT
This could be a dip or more. VIX is approaching 30 again.
|
|