So hard to predict.
We may get another 50% drop in stock prices over a few months (like we did in '08 and '00) or we may be finally leaving our 15-year perch and get back to a few decades of growth like we did in 1980 and 1950. What we know is that this is not now a bear market, not even a correction. At least that's what the signs say --then again these past few years the tech signs haven't worked so well even though they served so well for so long before.
I've seen a couple videos that say do not double down on a losing position. Early on it's ok, but after it's run awhile, don't do it. Counterintuitive. I put a stop on it, hate to lose $300 on 100 lousy shares. I wonder what's wrong with that company. LLY. Should have been a good one.
I'm so sleepy lately, if I'd get up and get opening prices, I could have played XONE again but even that may have levelled off before it hits bottom. I don't want to play anything until I have a clean slate and all cash, no holdovers, fresh start.
I don't feel sympitaco with this market. Before, even though a novice, I did and made more good moves than bad.
I have to learn a few more indicators. Catching a stop on the upswing (I think that's a confirmation signal for investors who know how to combine signals properly), that's a gamble, too, but if you think it's better than catching the bottom, I'll look into it.
