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To: Drago
Better wait until ~Dow 20K....

_________________

..... might be a rather long wait.

68 posted on 03/08/2020 7:31:55 PM PDT by a little elbow grease (... to err is human, to admit it unusual...)
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To: a little elbow grease

I bought some GRAT DEALS 2 weeks ago THEN it shot up on Monday and I was doing a happy dance but not for long!!


70 posted on 03/08/2020 7:33:36 PM PDT by Trump Girl Kit Cat (Yosemite Sam raising hell)
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To: a little elbow grease

1K-a-day for 4 days will do it...not that long! ;-)


75 posted on 03/08/2020 9:06:06 PM PDT by Drago
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To: a little elbow grease
LOL - or not. At 4:42 on the 24th of February - Trump tweeted that we have everything under control - we had 15 cases and the DOW was at 28,200 - "Stock market starting to look very good to me!" - which any investor worth their weight in sand knew was wrong - and I was in on puts and didn't get out of - yet a lot of Freepers who think they are market experts ate it up.

A short 13 days later - we are down 3600 points - or almost 13% - the futures market circuit breakers are tripped - and shorts are piling up keeping it pegged to the lows - and we are on an exponential curve of increasing cases with no signs of stopping - and you say "might be a rather long wait" ???

There is more carnage to come. The next line of defense for the bulls is at 23K. That is the 50 SMA average - and we are very close to that right now. We could see that this week. If we breach that - it's a long fall to the 200.

78 posted on 03/08/2020 9:53:02 PM PDT by NELSON111 (Congress: The Ralph Wolf and Sam Sheepdog s<how. Theater for sheep. My politics determines my "hero")
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To: a little elbow grease
Better wait until ~Dow 20K...

_________________

..... might be a rather long wait.

----------------------------------

DOW 20,189 today...8 days wasn't too long.

Rethinking my "re-entry point" strategy...perhaps 19K with a small sum.

83 posted on 03/16/2020 1:32:42 PM PDT by Drago
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