Based on where things stand one week later, I'm going to go ahead and adopted the practice of only buying stocks at times when the major U.S. indices have initiated a recovery following a specified degree of pullback...Given what it's showing me, now would not be the ideal time to enter the market in that it would be better to wait for a pullback first. (I will also use this same setup when considering individual stocks.)
Oops! THURSDAY!Wednesday, February 11, 2020
If I had not pocketed my profits yet, today would be the time to do so, and then wait for the U.S. indices to pull back sufficiently again before purchasing another set of equities.