Amazed how many calls have lit up my phone over a few days of selling.
Would you please relax? You haven't seen anything yet. When you have so much fear you can't even pick up the phone to call me, you will want to start working on your "buy" list.
We have some minor pullback action, entirely warranted, overdue, and much anticipated. Stock prices don't go to the moon boys and girls. There are metrics in valuation that you might heed but are worthless in an onslaught of selling pressure.
Please watch and listen to this YOUTUBE video to familiarize yourself with real fear and stocks getting puked out of portfolios with heavy leverage. I am scared of the carry trade crowd, not the school teacher in Mandaree, Crow Agency, or Pickstown.
FEAR in the Stock Market, LIVE!
I did purchase one name a couple days ago.
I bought 10,000 shares of Cleveland-Cliffs, CLF, at $8.625. Wish me luck.
I have no idea on the stock market, I know I own some good management teams, with good growth prospects, with good industry fundamentals. Greed and fear haven't gone out of style for about 10,000 years and shares don't know I own them and wouldnt' behave any differently if they did.
I like where President Trump is going. I am investing in that direction.
I get fleeced every day when I trade just as you do. Expect it and live with it.
Educate yourself, your commissions are not "FREE".
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