(03-30-2020, 01:53 PM)Senor Fantastico Wrote:

(03-30-2020, 01:47 PM)jagibelieve Wrote: Interestingly the market opened to the upside today and is maintaining a "modest" swing to the upside.  I put "modest" in quotes because on a normal trading day a ~2% gain is usually a pretty good day.  It's a far cry from the volatility and wild swings that we have been seeing over the last couple of weeks.

One slight mistake that I made was jumping on a buy in Boeing at $162 on a down day after it had surpassed my "wanted" buy price of $150 on the way up.  Right now it's sitting at $148.  I'm not too concerned since I didn't take a big position and over time it's going to reward me.

I am still being cautious about getting back in too heavily right now.  Q1 and Q2 numbers are not going to be pretty.  The question is how much of that will be priced in to the market.  We shall see.  I want to see how this week goes.

I very very nearly shorted a pretty good chunk of money. I was pretty convinced we would see at least a small swing down today, if not a large one. 

It's a good thing I'm a very chicken hearted trader.

I've never shorted anything.  I just don't have the experience to do it so I would say that I'm more "chicken hearted" than you.

To be quite honest when I heard The President announce the April 30th date during his press conference yesterday I expected today to be a down day as well.  I'm not sure what to make of it, but in the financial news today it was speculated that at least a hard, firm official date backed by the medical experts in the administration's task force might have had the opposite effect from what I was thinking.  The other thing that was pointed out was the fact that this is the close of Q1 and the start of Q2.

As I said before I want to see how things go this week before I make any moves.

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