This pullback is getting serious for the S Fund. We haven't seen this level since way back at the first of the month.
This pullback is getting serious for the S Fund. We haven't seen this level since way back at the first of the month.
Scott Harrison
Senatobia, MS
Is this going to rebound, or we getting into something more serious? Hmmmm
I was trying my hand at sarcasm. I have no idea what's going on. If I were out, I'd probably stay out for a while.
I'm 100% S currently. A 3.5+% retreat is going to smart today.
Scott Harrison
Senatobia, MS
Yep, I took a big hit yesterday. I'm staying in unless before the cut-off there's an authoritative reversal of what appears to be strong open this morning.
Scott Harrison
Senatobia, MS
I'm getting cold feet.. Is this bond thing as bad as the covid drop last year.
Are we going to eke out a positive day? Crazy, but with 19 mins to go, I believe it could still go negative. What a crazy day!
Scott Harrison
Senatobia, MS
I could muster a few choice words for the last several days, but I'll just leave this here:
external-content.duckduckgo.com.jpg
Scott Harrison
Senatobia, MS
Well...at least I haven't lost my shares.
Scott Harrison
Senatobia, MS
I feel like a sorry dog that just got a good whoopin' with the Sunday paper.
100% G as of COB today.
I've resisted an emotional move, but those red candles with very little bottom tails are just a little too scary at the moment. This has been a costly week. I don't feel the dip buyers are there and downside momentum has taken over. I've got another IFT to get back in later in the month if and when I'm willing to gamble that a bottom has been called.
Scott Harrison
Senatobia, MS
Completely understand. I was waffling between 80G and 40G, finally settled on 50G/25C/25S because that was my second move and there's a whole lotta March left. But this morning as we were facing another red day I said: "First rule of thumb. When you find yourself in a hole, stop digging (or used a smaller shovel)." Just happy that it turned around for today and we did not suffer another +2% loss. Good luck!
Well, I missed today's little bump because I went to the G Fund because of the bleeding. Things look much different to me today, so I went back to 100% S as of COB today. The stimulus looking like it's going to go through, coupled with positive announcements from the CDC has me thinking that the market will resume the upward climb.
It's moves like this that really demonstrate how little I know. I really hate that I've goofed up my IFT's for March.
Scott Harrison
Senatobia, MS
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EFA (I Fund) (delayed) (Stockcharts.com Real-time) |
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