Sellers want you to buy now to absorb their sales. Or they want you to buy to keep the price up to help them with their margin accounts. Longs in PFE are not having a good time now. I sympathize, but I think I will wait this one out some more - keep my powder dry. I think PFE is a decent company, but it is not cheap enough to attract me yet.
I am very long, not tall however. Am I having a good day? You bet I am. Everyday that I swing out of the bed, and either step onto the carpet, or fall onto the carpet is an excellent day. So, you waste your sympathy on this long. Thanks anyway.
Will I loose sleep over PFE, I think not. Can't say that about other stocks I hold, but been here before, in fact, this is third time for me. PFE always comes back in a strong way.
Who knows where Fly is? We are due for update on Fly Jr.
I should of bought morer today. I am watching my 90 average of entry melt away. But I can't say it will go lower so if your holding long term why not buy now & then if it dips buy it again. This is just my opinion. I might not be caught waiting at the gate if I can find some more cash I will buy some now & then buy more if it dips again. I heard the old falling knife theory with Dell and fell for it and because of this I am forever looking at my Cpq making me sick. Why be greety after all this fallen knife has really fell quite a bit on this baby. I think at least 30%