I continue to hold my position but am not adding at present. There's simply too much volatility to support longer range choices. As for gauging things by examining extremes in today's trading? I believe it would be a mistake as extreme range boundaries such as we're reeling from are quite unusual. Given that much, I don't believe many here are prepared to trust their perceptions. After all, volatility has two middle names:
1. fear
2. negative expectations
These two items have me thinking that if things continue to be somewhat out of the ordinary or out of control to a degree, then we may see a scenario far worse than that which is evident in this moment.
The key here is to exercise extreme caution and take nothing for granted. It means that this is definitely not the time to use margin to grab that incredible fire sale price on a stock. And today's great price could very well become tomorrow's disaster.
Slides can be multi-faceted. Kids love them at the playground but we groan-ups tend to see things differently.
Good luck, everybody! And take anything I say with a grain (groan?) of salt as my assessments may be worth nothing more than those of another---imply trying to contribute to a meaningful consensus here.
Recent PSEC News
- Form POS EX - Post-effective amendment adding exhibits to registration statement [Rule 462(d)] • Edgar (US Regulatory) • 06/13/2024 08:23:23 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 06/10/2024 08:03:59 PM
- Form 424B2 - Prospectus [Rule 424(b)(2)] • Edgar (US Regulatory) • 06/10/2024 08:03:13 PM
- Form 424B2 - Prospectus [Rule 424(b)(2)] • Edgar (US Regulatory) • 06/10/2024 08:02:25 PM
- Form POS EX - Post-effective amendment adding exhibits to registration statement [Rule 462(d)] • Edgar (US Regulatory) • 06/06/2024 08:04:58 PM
- Form 424B2 - Prospectus [Rule 424(b)(2)] • Edgar (US Regulatory) • 06/03/2024 08:05:25 PM
- Form 424B2 - Prospectus [Rule 424(b)(2)] • Edgar (US Regulatory) • 06/03/2024 08:04:11 PM
- Form POS EX - Post-effective amendment adding exhibits to registration statement [Rule 462(d)] • Edgar (US Regulatory) • 05/31/2024 08:20:27 PM
- Form 424B2 - Prospectus [Rule 424(b)(2)] • Edgar (US Regulatory) • 05/20/2024 08:06:02 PM
- Form 424B2 - Prospectus [Rule 424(b)(2)] • Edgar (US Regulatory) • 05/20/2024 08:05:48 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 05/15/2024 09:36:02 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 05/14/2024 08:01:37 PM
- Form 424B2 - Prospectus [Rule 424(b)(2)] • Edgar (US Regulatory) • 05/13/2024 08:04:59 PM
- Form POS EX - Post-effective amendment adding exhibits to registration statement [Rule 462(d)] • Edgar (US Regulatory) • 05/09/2024 08:02:30 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 05/08/2024 08:57:09 PM
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- Form 424B2 - Prospectus [Rule 424(b)(2)] • Edgar (US Regulatory) • 05/06/2024 08:04:47 PM
- Form 424B2 - Prospectus [Rule 424(b)(2)] • Edgar (US Regulatory) • 03/11/2024 08:33:01 PM
- Form 424B2 - Prospectus [Rule 424(b)(2)] • Edgar (US Regulatory) • 03/11/2024 08:31:26 PM
- Form POS EX - Post-effective amendment adding exhibits to registration statement [Rule 462(d)] • Edgar (US Regulatory) • 03/07/2024 09:10:18 PM
- Form 424B2 - Prospectus [Rule 424(b)(2)] • Edgar (US Regulatory) • 03/04/2024 10:23:42 PM
- Form 424B2 - Prospectus [Rule 424(b)(2)] • Edgar (US Regulatory) • 03/04/2024 09:04:36 PM
- Form PRE 14A - Other preliminary proxy statements • Edgar (US Regulatory) • 03/01/2024 09:16:30 PM
- Form POS EX - Post-effective amendment adding exhibits to registration statement [Rule 462(d)] • Edgar (US Regulatory) • 02/29/2024 09:10:44 PM
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