Posted Sunday night:
seattle prattle wrote:
It would not surprise me to see a big gap up at open followed by selling. Yes, kicking the can down the road but tacit admissions on China's part about problems needing to be addressed, theft of intellectual property and trade imbalance. I think CHina must be really suffering, and with their slowing economy, they just don't need this, which is controllable through negotiations/promises.
Hate to say i called it, but....
Sold a little today, and while i would have usually bought it back as market rebounded late morning, I am going to wait this one out for a better entry point on those few shares.
Betting we are in for a fair amount more volatility, hence the wait for it stance. But even if we aren't, can afford to gamble on the shares i sold today, for sure.
Trading the market the last few weeks, I find myself leaning more towards protecting shares that have run-up more than the FOMO on the rebounds.
Time will tell.
Hope to hear more from you, Racket, even if you're out for a while.