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this is why those who bailed out much lower who thought they were going to buy in even lower are likely now paralyzed as usually with analysis paralysis ... if this is the spring board for further up moves then they missed a big part ... if they act and we go much lower then they got caught up in at any way ...
this is why those who bailed out much lower who thought they were going to buy in even lower are likely now paralyzed as usually with analysis paralysis ... if this is the spring board for further up moves then they missed a big part ... if they act and we go much lower then they got caught up in at any way ...
I expect the big money is going to wait for a retest of 2350 so we get a double bottom.
they may be waiting so long for that ship to come in the pier collapses . so far markets are still rising . they may miss some of the juiciest gains if things don't reverse .
they may be waiting so long for that ship to come in the pier collapses . so far markets are still rising . they may miss some of the juiciest gains if things don't reverse .
I am following what the big boys are saying. Bank of America and Morgan Stanley at least have been correct so far. Bank of America says we can go to 2650 here before heading back down. Ralph Alcampora said a few weeks ago Dow can go to 24600 before selling off again. It seems like there is too much damage done to charts here for the market to V bottom back to highs so quickly. There is plenty of time to make money trading the range IMO though. We seem to be making a run for the 50dma on the index charts now.
this is why those who bailed out much lower who thought they were going to buy in even lower are likely now paralyzed as usually with analysis paralysis ... if this is the spring board for further up moves then they missed a big part ... if they act and we go much lower then they got caught up in at any way ...
Yep. Really glad I bought back in on AMZN when it was at $1,430. Now almost 200 pts higher, so I've made nearly 14% just in the past week and a half on that with nearly 30 shares. Almost wishing I'd put more on them in the stock market game again to more closely mirror my real life portfolio.
nice rally going on today at 1:18 up 250 but nasdaq is up a lot more... if good actually comes out of the trade talks we could see a nice recovery ... so far we regained a few thousand points since the lows when we had so many here jump ship.
i rebalanced the last week in december and had to add a lot in dollars to bring equities back up ... it is one of the moments you know its the right thing and so you grit your teeth and do it . the mechanics of rebalancing and sticking to the script forces you to run in to the burning building when others are running for the exits .
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