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Replies to #2777 on AT&T Inc (T)

bar1080

10/14/21 6:46 AM

#2779 RE: leftovers #2777

Then there's the chartist who wrote this in July: "[att] looks like it will form a double bottom and rip higher! lets go!" Charts are likely useless, but it takes years for some flippers to admit it.
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My own stocks and funds have all declined lately from their highs. I did just make a rare purchase. Added IJH, the iShares Core S&P Mid-Cap ETF, and have small buys of it scheduled every 6 weeks for the next several months to try to smooth out market zigs and zags.

I worry that a very few hot mega-caps like Apple, MSFT and Amazon have come to utterly dominate the market. In recent years, everyone is indexing so that almost everyone has piled into the same few companies. Investors are less diversified than they think. And interest rates/inflation are ominously rising.

But I'm not sure moving a few bucks to mid-caps would help much if the SHTF.