General Category > Economy/Business
Dow slumps 500 points amid inflation concern, Nasdaq drops 2.5%
IsailedawayfromFR:
--- Quote from: catfish1957 on May 14, 2021, 12:49:08 pm ---Based on my analysis the DOW should be at about 18,500 in actual value.
--- End quote ---
OK, you convinced me to sell some more.
I am getting laughed at on the financial blogs for selling woke companies like Coke and MS and buying oil stocks instead of tech.
XOM is up 75% since I bought them last fall, so the laugh is on them.
catfish1957:
--- Quote from: IsailedawayfromFR on May 14, 2021, 01:33:12 pm ---OK, you convinced me to sell some more.
I am getting laughed at on the financial blogs for selling woke companies like Coke and MS and buying oil stocks instead of tech.
XOM is up 75% since I bought them last fall, so the laugh is on them.
--- End quote ---
Good moves. March 2020, I was so tempted to buy some bargains, but being retired I chickened out. My oldest though somewhere between tripled and quadrupled his net worth, on some sharp buys on the dip. He's been bragging about it since. :cool:
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