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Strategies & Market Trends : ajtj's Post-Lobotomy Market Charts and Thoughts

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To: Jacob Snyder who wrote (41349)10/29/2021 2:03:27 PM
From: Qone04 Recommendations

Recommended By
ajtj99
Jacob Snyder
rcksinc
towerdog

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Well, I think the entire stock market is garbage, everyone one of them. There are no "good stocks". They all are garbage.

What you are doing looking for good stocks with dividends is running from what you perceive as risk in higher PE stocks. It's psychological and not true.

All stocks have risk. Massive risk. What technical traders do is accept risk and define it with a stop loss. They don't care about the quality of the stock, because it doesn't matter.

This is a weekly chart of XOM, the risk here is massive. It might be a good company with dividends but the risk remains. You can never get away from risk it's part of the market.

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