RE:Styless are you in your Crash Position?truthseeker2012 wrote: I really hope you own those stocks you said you own styless because a market crash like this wipes out day traders like you. The crash position for you is to bend over & spread your butt cheeks wide. Karma is real and a basher like you is getting what you deserve now!
With stock markets diving around the globe, a pressing question arises: is it time to get into Crash Positions? In case you forgot how to get into Crash Positions, here’s a reminder:
After a dizzying 500+ point drop in the Dow on Friday, should we brace for impact? There are plenty of fundamental and technical reasons to view the swoon this week as the initial downturn that presages a crash landing.
The SPX MACD has worked its way down to the neutral line, threatening to punch through to negative territory. Bad things tend to happen when MACD stumbles below the neutral line, and that suggests the next decline might be different from the spike-down-snapback pattern of last year
Bought at 3 dollars today. Pretty happy with that. What a great price. Doubt we're seeing that again. I'd be a buyer at the current prce as well. This company is doing a fantastic job executing on its plan. Stock is still cheap. Recent M&A deal adds another ~1.5M of EBITDA with cash on hand. Got to love it. Go CRH!