DrStool Posted May 31, 2020 Author Report Share Posted May 31, 2020 Somehow this doesn't feel like a buy the dip moment. Link to comment Share on other sites More sharing options...
Jorma Posted May 31, 2020 Report Share Posted May 31, 2020 42 minutes ago, DrStool said: Somehow this doesn't feel like a buy the dip moment. I think the averages may struggle as suspected anti MAGA corporations will suffer, till they fall in line. Link to comment Share on other sites More sharing options...
Jimi Posted June 1, 2020 Report Share Posted June 1, 2020 There's an unexcited irony to the title of this thread. I'm pretty sure something has happened at this juncture. Link to comment Share on other sites More sharing options...
Jimbo Posted June 1, 2020 Report Share Posted June 1, 2020 I HAVE EXITED MY MARCH POSITION I sold my equity position I took on in end March today. I just think that the probability of the trade still being the correct one has deteriorated below the 50% line. I was 90% confident in buying in end March that we would have a nice bounce. Powered to course by the pavlovian response to the Fed bail out. But the pavlovian response is long in the tooth. It appears to be running out of steam. And reality is intruding in a big way. Because stocks arnt cheap at these levels. And the economy has yet to recover. Looking at the charts the rally appears to be struggling. The Fed bail out rally has to roll over sometime. Link to comment Share on other sites More sharing options...
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