I’m seeing stocks nosedive across my screen, where once positive positions are flipping to losses rather abruptly.
My opinion, with a 20% cash position and still greater than +10% gains for the year, is likely much different from yours. I am going to wait this out, because I can afford to try, having shunned the tech space basically indiscriminately.
I’ve known enough programmers to know better than to invest money with them…
If I start getting into the +6% range for the year or if I get scared, well then I’ll change up and raise cash. In the back of my mind, I have to believe that Yellen is at least as dovish as Ben. She will exert her influence eventually, and then this sweet elderly woman will go Scarface on short sellers.
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CCJ got kneecapped yesterday (ugh)… UPL holding up well. Buying more CCJ (likely down on UPC’s recent buys at 8-year lows).
LMAO BAS up 7% today.
Christ everything I own suffers from mental caprices.
I think the time for bidding up indiscriminately has pased for this bull market.Earnings will have to catch up and i I don’t think Yellen can do much about
that.However I do believe were range bound and I will invest accordingly