So glad I followed my first mind and took EVERYTHING out a little more than a week ago. I expect we're FAR from close to the bottom with the way the media is handling this CORVID-19 virus. Once it gets to the US full fledged, the market will certainly tank a LOT more as EVERYONES's guidance and forecasts will lower. It's already happening. I suppose this will linger until Mayish when warmer weather gets here and everyone is ready to get out and say F' the Corona Virus.
Oh... Planning on playing INO tomorrow
Made like $1k Friday. IF I would've been patient and held a little longer, I would've gained $10-15K instead. FML!
I zeroed in on SPEX and put a buy order in on it over the weekend. I expected the market to tank today and it did. I was hoping SPEX was going to dip since it doubled on Friday. It didn't- it came out and tripled. I missed out on a home run. My instincts have been good but my timing and execution have sucked the last week. I still made money in trades but leaving a Lot on the table.
It seems that fear and greed are driving this market to extremes. Good dividend paying Blue Chips are dropping like rocks while companies with no income are going up 1,000% in a week. Crazy! [Reply]