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Re: None

Monday, 05/11/2020 9:21:51 AM

Monday, May 11, 2020 9:21:51 AM

Post# of 110936
I'd like to hear members opinions about this market and this investing/ trading environment.

My perspective continues to be don't go looking for future stock profits, buy and sell at a profit now. In other words to paraphrase "Don't Fight the Fed"- "Don't Fight the Profit".

There seems to be a few solid companies still out there, some with decent dividends that seem to be okay trading in a range. Dividends or dividend growth is not a good enough reason or measure, nor is future growth or even market leader positioning.

What I'm saying is that to hold in this market is allowing the market to dictate profitability with the stocks that I own. Since I believe that cash is still king even though we've covered quite a bit of market gains recently, I still believe that there is a potential for a worst case scenario with an extended bear market. That doesn't mean to me that the markets are going to crash again. What it means to me is that the markets will continue to trade within a range. There's no telling where that range will be. Though there still seems to be an upward bias.

What's your opinion and how do you view this market with your trading/investing strategy ?
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