we're just going to be getting this backing and filling effect until Trump gets in
I know everybody has the euphoria and I'm at the top of the list when a stock rallies or an ETF rallies but you need to sell that rally
so you can enter 21 and a quarter 21 and 3/8 21 and a half somewhere in there don't go crazy with the entry because the rallies are getting less and less as you see.
if we have some political event or an economic event it could cause a deterioration of breakdown and this could go to 19 and a half very easily I know you don't want to hear it but it could in which case you would need to have some additional money available to average your cost basis down.
so any purchases made short-term don't put but one third of your investment in that you would ordinarily do with this particular company keep your powder dry on the side and that really goes with anything right now that you're buying.
support lines are being broken for a lot of stocks they ratchet down 5 to 7% and now what was support becomes a resistance and it can take weeks if not months to recover and trend back up where you're able to break even again.
so don't go hog wild buying in any security or any index or any ETF regardless of how bullish you are because until this treasury which is sitting at 470 starts to rally meaning the yield falls you need to keep powder dry. m meaning keep cash on the sidelines
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Sewerman
:
not for here but curious what you predict with quantum now that jensen has diaahrea of the mouth
Sewerman : not for here but curious what you predict with quantum now that jensen has diaahrea of the mouth