So what ya'll think the bottom of the general market is going to be? Continued sell off for a few more days? Seems like everyone expects a rate cut and they are dumping Tech to get some other sectors - like grab the money and run thing???
Your guess is as good as mine. Maybe even better. I'm cash-heavy right now because I have no idea what's coming. Just sitting and waiting for individual opportunities.
Thinking about selling a put spread in CRWD.. Might wait till the end of the day and give everyone the weekend to cool off. See what it opens at on Monday and either stay in or just get back out. They have earnings at the end of August..
Hoping for JMIA to push higher this week. Took a beating last week but hoping to get them gains back plus more this week. Holding strong.
The latest non-political news about some people doing something in November to come out today will definitely have an affect on the market. I just dont know which way it will go. I am thinking up. I am hoping up.
Like HPPT, I'm sitting on a decent chunk of cash so hoping the market goes down in the short term......need to invest this cash and want to buy a dip.
According to "AUMINER" known as the Karen of the WERA boards, "HOPE is an awesome investment strategery." So you might be on to something. Just sayin...
How much we talking....maybe we can go get some "Square Grouper". Big upside...with very little downside risk, unless we are boarded. Then you get free room and board for a few years.
I think that the market needs to find out who the new pitcher of warm spit* is. I hope (there's that pesky word again!) that we don't have to wait until August for that. I can't really see this particular Chinese fire drill changing the legitimate outcome. Not sure if it will change the official one. * not the fluid in the actual quote from John Nance Garner. Journalists were too scared to print the word 'piss'.