When faced with a market correction, there are several, simple action steps you should take.
- Be patient
- Fight your instincts
- Stay diversified (don’t; get greedy or fearful)
Everything in me says scream and run for the door!!!! Just got back from store...new pack of sticky pants deployed. But if this market loses anther 3+ % I am out!!! I am at -3.24 now.
Don't take my comments as trading advice /IFT: 2-13-24=100G/https://www.theepochtimes.com/ & http://www.ewg.org/PermaCharts@p430#5159/strategy#4918p.410
When faced with a market correction, there are several, simple action steps you should take.
- Be patient
- Fight your instincts
- Stay diversified (don’t; get greedy or fearful)
The charts at the bottom of the page don't look too bad, maybe we are 'bottoming.' No pun intended... =:-o
50% S, 50% C 06 Mar, was 100% G; 80% S 20% C COB 08 Jan '24; 100% G COB 14 Nov; was 100% C COB 31 Oct (Boo!); was 100% G COB 12 Oct; was 50% C, 50% S COB 22 Jun; Life is good!
As for being shaken out, others want to buy our shares on sale!??
50% S, 50% C 06 Mar, was 100% G; 80% S 20% C COB 08 Jan '24; 100% G COB 14 Nov; was 100% C COB 31 Oct (Boo!); was 100% G COB 12 Oct; was 50% C, 50% S COB 22 Jun; Life is good!
"the biggest mistake that traders make is to let these short-term trades turn into longer-term investments when they don’t work." RevShark
I usually watch Charles Payne in the evening at 6:00 Eastern time. I remember he said the same thing probably the week before things went down January 22 - 26. He said something like though things were looking really good he could see that a moves were being made to cause the market to go down and shake out the weak hands. Hopefully the big guns will float things back up now that they have better prices.
Traders getting whipped by a seesaw market - is turbulence the new norm?
Stocks whipsaw from losses to gains:
https://finance.yahoo.com/news/globa...135534564.html
Looks like your namesake is all over the news! So you must be the expert to tell us all what to do!?!
There are 10 types of people in the world. Those who know binary, and those that don't!!
Retired on December 31, 2018!!
Did somebody say Whipsaw?
50% S, 50% C 06 Mar, was 100% G; 80% S 20% C COB 08 Jan '24; 100% G COB 14 Nov; was 100% C COB 31 Oct (Boo!); was 100% G COB 12 Oct; was 50% C, 50% S COB 22 Jun; Life is good!
Wouldn't a 4 pm IFT deadline be nice? :-/
50% S, 50% C 06 Mar, was 100% G; 80% S 20% C COB 08 Jan '24; 100% G COB 14 Nov; was 100% C COB 31 Oct (Boo!); was 100% G COB 12 Oct; was 50% C, 50% S COB 22 Jun; Life is good!
I've always thought the noon EST cut off was a detriment to us TSP folks. Changing it to 4:00 pm EST cut off would help to level the playing field, but maybe that makes to much sense...
Sometimes me thinks only the politicians are allowed to win.
"the biggest mistake that traders make is to let these short-term trades turn into longer-term investments when they don’t work." RevShark
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