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http://forums.pelicanparts.com/uploa...1582923873.jpg 5x5% moves in one day ... WS is making a killing. |
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All day, riding it up and down like a see-saw, and then gobbling up the good stuff right at the finish line to end the month. And that was just me! ;) If they spread bad news over the weekend I expect it to find a new bottom on Monday. If they don't, I'm cautiously optimistic. What am I saying, of course they'll spread bad news. Why would they do otherwise? |
I wanted some cheap Spiders, I'll have to wait.
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Gold is flopping all over the place. |
I fooled around with day trading today on small pharma NASDAQ stocks (under $1.00). Buying the dips, and selling the spikes earned me 115% today (including AH, and PM trading).
These stocks are working on the Corona Virus vaccine, and due to me losing nearly 15% on my 401K this week, I didn't see the problem with making some $$ off of this crisis ! |
I'm a fan of Auckland airport shares. i'm in it with about the same value as a nice apartment. i'm more of a buyer than a seller, so I never sell although I know I should.
So far the "apartment" has lost the kitchen and maybe one bedroom :( |
Not going to get a good mistress if all you can afford is To put her up in a studio.
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THAT's a fact.
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The real issue here is the lack of digressive valving on the shock absorbers for the stock market.
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My "digressive valving" is in the form of diversification. I've weathered many market storms but this one is gonna hurt.
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Long term bonds are killing it.
Fidelity Long term treasury index is up over 12% ytd and 22% over the last year. I am sure Tabs will chime in. |
I've been wanting to take advantage of some of the "dips" but working on set I've been using the Robin Hood app. Transferred money to my account on Monday, still not there today (Saturday). That shyte moves at a glacial pace.
Watch, there will be a 4 digit gain in the market on Monday unless the MSM keeps up with the "Doom and Gloom". |
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It's never dazzed, but did OK and helped maintain a conservative balance Domestic Stock................36% Foreign Stock...................13% Bonds..............................42% Short Term.........................9% this does not include my side "for play" portfolio which is all over the place. Plus i like that fund because the expense ratio is almost zip. But after yesterday I found myself wishing I had a little more VBMPX. Oh well. Dumbest thing to do now would be to re-balance for a more conservative position and give away the recovery. I hope ;) If anything, I should dump the bonds and get back into growth and tech. Which i won't. |
I'll buy more growth & tech pretty soon
market was obviously at a high P/E for the last few months, so I took a small amt. out to cash - waiting to see if we are really near a bottom (or the bottom) and yes, I have too aggressive an allocation also have too much motor in the 911 |
http://forums.pelicanparts.com/uploa...1583124184.jpg
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Asian markets up about a percent.
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And this...
The stock market is showing signs of life after the worst week since the 2008 recession. Dow Jones Industrial Average (DJIA) futures soared an astonishing 500 points higher overnight before settling 221 points up. Headlines this morning focus on the wave of central bank stimulus coming. But the real safety net may come from Trump himself. According to Credit Suisse, the White House will likely step in with fiscal policy to counter the coronavirus impact. |
Note that I think the market should be recovering and gaining back, but ...
Until that starts to die down, i don't believe we'll see sustained recovery. Again, hope I'm wrong and I probably am. |
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