That's why I use stops, I don't mind a minimal risk, but I never like sitting on a loss and allowing it to become a disaster... Don't remind me. I have had my share of disasters! :( That is why I preferred "averaging down" on a safe sector like utilities (XLU). But, alas, I got out of XLU too damn soon, and can't get back in!
I did add another nibble just now, so we'll see... my stops are also in place, just in case... You should have gotten a good price on your nibble! Nice going!
and as far as the stock market goes, I think we're near a major top... but, of course, any fool could say that... LOL!!! I have a feeling that many CBs all over the world, are following suit with the US-CB and printing money as fast as their presses will go. The true inflation, therefore, and so far, is in stock prices. Will the bull market keep going as long as the money presses keep printing?
I bought some AGQ at 24.98 just a few moments, could 24.95 be the low for today? That would be too much to hope for... Very, very nice! It jumped up right after you bought! Great timing!
How long do you expect to hold? |
