Government will defeat monopolies. That is what they are for.
Buying the dip? What stocks are you following?
- Thread starter KCalhoun
- Start date
Government will defeat monopolies. That is what they are for.
Since when? I can think of a dozen negatives that governments exist for.
I do not think what you said has anything to do with the topics of buying dips....
Thing is, the reversals are always gaps and you've missed the big move. Then you're in limbo. If you go in then, odds are you'll get a pullback and any stops you set will trigger.
For the long haul, it's best to identify what you want to buy using a solid fa approach, and then buy after a week like last week. Keep half your powder dry though, so you can add if the bottom wasn't in yet. If it was, then use limit orders set a few % below where the stock closed. Anytime there's a big drop, there's always gonna be near term institutional profit takers that were smart enough to see the bottom and buy in. That will drive a quality stock back down after a confirmed reversal.
Or you take the pull back that triggers the stops and add as the trade goes in your favour.
lukoy: earn a good dividend while waiting for it to hit the high again.
I'd much rather have something like that than a "tech" unicorn (that doesn't really have any unique technology)
I'd much rather have something like that than a "tech" unicorn (that doesn't really have any unique technology)
Certainly safer that way; I agree. One needs some rock solid discipline and patience though. Sign of a great player I guess. Fomo is tough to beat.
Shit's still all over-priced. Hence I'm still sitting on a big power-keg at the moment, waiting for the final show and will make my move just before the dust finally settles (don't look long at this rate).
In the meantime, I'm shorting calls to anyone who thinks Bill Hwang's trading strat of buying calls all the way up on Nasdaq then leveraging up even more is still going to work.
Power to him though, a little insider trading and other shenanigans got him somewhere...
In the meantime, I'm shorting calls to anyone who thinks Bill Hwang's trading strat of buying calls all the way up on Nasdaq then leveraging up even more is still going to work.
Power to him though, a little insider trading and other shenanigans got him somewhere...
i agree. usually the leaders tend to be obvious in hindsight. after March 2020, the stay at home trade did well for much longer than expected, and i think the rise in crypto currencies corresponded somewhat to inflation fears.
something will emerge from the wreckage. oil, food, commodities (=inflation trade?), banks (=rising rates?), pharma (=safe-haven?), seem to have fared better than tech. what's the new narrative? stagflation? war?