Hey Jeff,
It's good to see you back today, I've missed your 'chatter' <vbg>. This has been frustrating for everybody. At this point I almost consider myself lucky to be preoccupied with the day job. I went to cash a couple of weeks ago. Twice I put in multitudes of gtc orders to buy at ridiculously low prices and shrieked it horror when they executed LOL!!!!
I sold them and set up new orders and spent half a day yesterday canceling. I cannot hit a bottom but I don't want to be a buyer on the way down in this environment.
Speaking of environment, I'll be missing the debates due to work. My fear is that of the small percentage of people that do watch them, 95% of that population will have already made up their mind, unwilling to change.
Since I don't trade every day, I can only look at my results this year and the trend in front of me. I have lost all ability to even discuss this market now. Valuation, volatility, manipulation, politics. To me, the reference point keeps changing, usually just about the time I think I am mastering a concept. Well, if stocks were being recommended six months ago as a value, what are they now at 50% off? Why is everyone running away from them? Why am I selling them?
I don't have any answers, but I value your posts and others on SI. Hope to get to 'talk' to you soon.
John Hagelman |
