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Re: gfp927z post# 3342

Thursday, 05/15/2025 2:12:35 PM

Thursday, May 15, 2025 2:12:35 PM

Post# of 3664
That does it for me. The only question is when to add to my position. I still think that there may be a significant downturn in the overall markets before an upward trajectory is resumed and I wouldn't want to buy now if I can buy more shares at a cheaper price sometime later this year (or next). There's a great deal of uncertainty about how these trade deals are going to shake out, or even if they are going to be satisfactorily resolved, and the possibility of a recession, so I just don't think the time is right to buy now. I've talked to people who park cars at the lots used by tourists to go to Nantucket and who work at shops on Main St. and I know that there is a considerable drop-off in the number of people who are coming to visit the Cape this year, which is indicative of a slowing economy, reduced consumer spending, and a likely reduction of corporate profits and subsequent valuations of stocks.
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