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Vaampire

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49 minutes ago, lovable said:

Another market update/reminder: a correction is 10% or more down from recent highs. The S&P is not even 3% down yet. This could get much worse. As we've been saying for over a month, make sure you have stops set on your risky positions. If you bought long term stocks on the dips then you should be fine in the long term. The higher you bought them the more pain you will feel here obviously. 

 

 

It is very plausible that the S&P retests its previous resistance as support, which would entail a 10% drop from highs, and an official correction. If the market does correct you will want to work on rebalancing your portfolio. Instead of buying the tops and selling the drops, the drops is when you want to do your heaviest buying generally. That way the adverse effects of the next drop aren't as drastic.

 

 

How long will this choppiness last? Probably until the next stimulus bill is announced and the lead-up to a summertime recovery, where we will also get a new round of earnings. Stocks HAVE to correct here if they are going to continue up when the economy fully recovers. The good news is that COVID cases are 60% - 70% in decline. A recovery is around the corner. I am not of the belief that we get another bear market (20% or more drop). We'll be good; we already saw a double dip correction in Sept/Nov and we all survived it to see all time highs achieved once again. Sit tight.

same story ma btech friends group lo chepparu andhuke sagam ammesi moeny pettukkuna ... more dip lo konta ... hopefully i am wrong ... 200.gif

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Just now, VictoryTDP said:

Uncle nuvvu ammesukoni cash lo unnav na lanti vallu pisukunning 

una 50 percnet lo 6 percent down uncle... 200.gif  ... 50 percent ammindhi kuda loss lone... em cheyalo telika 200.gif

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1 minute ago, argadorn said:

una 50 percnet lo 6 percent down uncle... 200.gif  ... 50 percent ammindhi kuda loss lone... em cheyalo telika 200.gif

Very nice bro, naa account Roju oka 5 m-6% shave avuthundi Inko one week ilage unte chillare migiledhi

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Just now, Anta Assamey said:

Nenu open cheyyanu na trading account... Ikkada malli Green day ani chepte appudu open chestanu ..33mtnj.gif

this is my strategy too to avoid depressed mood and panic selling

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