Perfect day when Mr. Market is taken over by fear. Best if you have cash to buy at these times.
Purchased a truck load of F, JNJ, PG, CVX, XOM, UNP, VZ, AAPL and UNP within the first 7 minutes. Wish such anomalies happened more often.
China and Greece can't ruin American businesses. Its not the tech bubble and its not Leman Brothers bankruptcy. Oil price is short term until Saudi Arebia and OPEC come to their senses. Oil is finite resource and the most used commodity and there is no way anyone in the world can now survive with $30 barrel of oil for too long. China's true picture will be visible in 2 to 3 months and Greece is just stupidity. Stock prices in the US should bounce back as fast they have dropped. Best time to buy good companies.
As mentioned before, China can't break US businesses, Greece is a puny joke and Oil price will recover as fast as it has fallen. If you invest in American Businesses there's nothing to worry about. S&P will again be above 2000 tomorrow and Dow may go over 17,000 in a couple of days. Loving the V shaped recovery.
Every stock that I purchased on Monday is now over 10% in green.
Buy Buy Buy and Buy more American businesses.
God bless the buyers and God bless the United States of America.
Agree, some more time would have been great. Although, volatility may last for a while and its good have cash and deploy in chunks if prices drop further. Also best to sell the high prices lots when the market rebounds and hold on the lowest prices ones. Totally love good quality businesses with dividends at lowest prices.
Or, it may not be the bottom and price could slash another 25 to 30 percent in another month, three months or six month. I'm playing safe and have only added 500 stocks at todays bottom price. Do intend to buy another 2,000 gradually only if the price falls. If not, I'll be happy with my 500 units at todays bottom price.
Buy in chunks and keep increasing quantity as the price falls. Bottom could hit $20 or even $18 in the sort term.
Then, sell higher priced ones and hold on to the ones purchased at bottom. Up side is $40 - $50 in 12 to 18 months, plus dividends.
The market may end up in green. Lots of money on the side lines awaiting to be be invested.
Purchased 8 stocks (AAPL, F, PG, JNJ,CVX, XOM, UNP and VZ) this morning within 7 minutes after market opened. Every one of them is now in green. Totally love such swings, wish they happened more often.
Great time to buy best businesses with dividends at best prices.