Post by
Newtrader1982 on Nov 12, 2020 2:03pm
Position
sold my position today will buy back in sub 5. The covid numbers are hitting new all time highs every day now all it will take is the mention of another lockdown to scare the whole market. I truly believe we see sub 5 again before 6.
Comment by
tamaracktop on Nov 12, 2020 6:33pm
Okay. The market will surely be caught flat-footed if there's any mention of a lockdown. That's sure to be a surprise. Let us know when you decide to buy back. You've just proclaimed to all that you're a trader. ( not traitor ). Best of luck to your trading, and your market timing. Traders aren't a bad lot in the greater scheme of things. They add liquidity.
Comment by
jboom70 on Nov 12, 2020 8:11pm
Tough call but your right #'s are charging upward and the ignorance is ramped. Covid stocks have taken a hit recently and are back on the rebound. Trump could also cause a stir not leaving the W.H.
Comment by
tamaracktop on Nov 13, 2020 12:08am
Excellent. Well said. That's a very good way to approach this.... I'm sure you meant to say "when XBC becomes too overwheighted in my portfolio".