Friday, May 6, 2022

no bids

The market can not get a grip. At this point, even though I'm raking it in, I'm very uncomfortable about the big picture of the market. We're on the precipice. It has seemed this way for several days. Wednesday's wild run up after the fed announcement was a glimmer of hope, but we gave that back the next morning and much much more. 

This is different from my other feelings of "panic" at lows we've bounced off. This is more like looming doom. A feeling that it's inevitable, so how much is it going to hurt? 

If they say "hold your nose and buy" then is now the time to buy? Ugh. We know I'm not good at picking bottoms. I would only long-term add/buy when my market sentiment changes. I don't need to pick bottoms. 

I've had a few stellar days lately, tucking away some gains. Today caught the opening selloff on NVDA. Was not on my screeners. Meir pick. It's Friday in a crazy climate, so I got the flush and got out!
(as I write this 90 min later, nvda bounced hard and is~191, up 1% on the day. Must lock gains!)



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