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Started By
Message
re: Downside Protection on Pullback
Posted on 1/21/21 at 2:59 pm to Aubie Spr96
Posted on 1/21/21 at 2:59 pm to Aubie Spr96
quote:
My target for the DOW was 32,000 and we are almost there.
Seems kind of arbitrary tbh. Do you have a reason for this?
1
Posted on 1/21/21 at 3:09 pm to Tigerfan56
quote:
With all the stimulus Biden plans to do, I’m not expecting a pullback. Quite the opposite.
You don't think this is baked in already? Stock markets are forward looking.
quote:
Seems kind of arbitrary tbh. Do you have a reason for this?
It is kinda arbitrary. Just looked at some historical DOW trends and had that as my target number to start pairing down, locking in gains, and waiting for a pullback to reinvest. Nothing political. I don't think Biden will be as bad for the market as some think.
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