- Jun 19, 2009
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While even so called experts have been saying this the last week, they kept investors from trading the future expectations and the huge rush back into the market with all that money on the sidelines.Oil companies are still at war with one another. But until the Covid-19 is under control I do not for see the stock market rising for another month.
-Taylor N.
In other words by time you realize you would have could have should have, the bounce back gets far away from you. I am almost at where I was at before the virus crash and not to far off the highest highs, the indexes are about 20% off (halfway between high and lows) and the volatility index shows our swings are lessening and bottom Of our range will be rising.
Charts show a nice reverse head and shoulders forming. You wanted to get in at the tip of the reverse head not the shoulder.
People are rushing to those high divy plays that are maintaining them, and dipping into those low price preferreds that pay big at these prices=forward looking positions that are doing great right now. My worry, is that I missed buying more and range traded sold some too soon.