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..... might be a rather long wait.
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!!
1K-a-day for 4 days will do it...not that long! ;-)
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.
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..... might be a rather long wait.
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DOW 20,189 today...8 days wasn't too long.
Rethinking my "re-entry point" strategy...perhaps 19K with a small sum.