LogFAQs > #910424909

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Topic	Just sold all of my stock.
Kazi1212 10/12/18 6:22:05 PM #28:	Krojen posted... TC dumps his entire stock portfolio at the end of a 10-1 downside volume day due to Chinese margin calls. Thanks for the bottom signal. The S&P, Nasdaq, and Dow all hit their 30 week moving averages and in the cases of Nasdaq and the Dow, they dropped all the way to their 50 week moving averages. Furthermore, some these averages have already begun to curve downwards. While I dont agree with dumping an entire portfolio, I think by any standard metrics of portfolio management its a smart play to have a sizeable percentage out of the market at this point and lock in some profits. --- I don't know my gimmick "Does that sound reasonable to you?" <cite>Kazi1212 posted [p:910424909] in Just sold ... [t:77088381]...</cite> <quote><cite>Krojen posted...</cite> <quote>TC dumps his entire stock portfolio at the end of a 10-1 downside volume day due to Chinese margin calls. Thanks for the bottom signal.</quote> The S&P, Nasdaq, and Dow all hit their 30 week moving averages and in the cases of Nasdaq and the Dow, they dropped all the way to their 50 week moving averages. Furthermore, some these averages have already begun to curve downwards. While I dont agree with dumping an entire portfolio, I think by any standard metrics of portfolio management its a smart play to have a sizeable percentage out of the market at this point and lock in some profits. --- I don't know my gimmick "Does that sound reasonable to you?"</quote> ... Copied to Clipboard!
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