I'm going to mostly cash in Long-Term portfolio

Good thing he isn't out for just the day, the day is not over and over time he will either be right or wrong. Unlike some on here who post their calls after the fact, he did so before. Good luck Qlai, I'm rooting for you kid. I feel like you will be able to get a better price down the road. Maybe lol.

 

That's the thing with percentages. If you were down 2% on Friday and up 2% today you're still underwater.

 

Am down to 70% of my position in stocks from 2009 and if new highs will dump 10% then wait till around Christmas to dump 50%, will be keeping highest paying dividend stocks. Two reasons are I think markets way too steep, dividends getting less percentages, prefer to get out at highs. Second reason is moving funds to areas that are producing much more in very long term commodities and options trading. Already have cut back much in automation scalping to add to other areas. Risk is much less also.

 

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Good points;
especially since SPY benchmark did minus 2.1% last week. SSO [spyx2] beat that\ today but did worse last week. NOV has such strong stock ETFs seasonals ;
i hated to underperrform in NOV 2019, but OCT + NOV 2019 had a big bear moVe, so it happen some............................................................................[ Points US dollars are even worse , a $1.00 in QQQ, NOV 1999\ is much less than than qqq, NOV, 2021

 

Hard to say that was arbitrary when there were signs a correction of some sort was likely and you're assuming that we didn't get back into some stuff on Friday or over the weekend. And even if we didn't, market still below the point of exit. Goal is to make money and protect capital. All is well.

 

Bot AT&T - 9% yield.

 

EPS of 12 cents; dividend of over 2 bucks. Hmmm.
You think there might be a reason the stock is trending down?

 

I don’t know, I didn’t go all in or anything crazy. Maybe able to sell calls against i but it’s pennies.

 

Seems like a bad day to arbitrarily be long equites.

 

Arbitrary is in reference to OP saying it didn't "feel right" to be long markets before the variant news was even a thing. I never said it was a bad move but I do question some of the logic behind it.