Anybody buying today? Or waiting longer?

[TownesZ21]

I'm more confused now.

You're supposed to be the smart one!

[TownesZ21]

You're supposed to be the smart one!

For clarity, that was half joke/half compliment.....

Any thoughts going into the weekend?

[boneil]

For clarity, that was half joke/half compliment.....

Any thoughts going into the weekend?

My thoughts. This makes no sense. But it rarely does. I remember when covid first hit, the markets sold off for a couple weeks, then went on to make new highs before the real sell off began. We were making new highs as I was reading reports of China welding doors shut on apartment buildings. A CDC person was talking about how disruptive the virus would be, but the markets didn't care for a few more weeks. I'm getting the same vibe. I feel like we're whistling past the grave yard.

I think the market believes the tariffs won't stick, or won't happen, or will be watered down and only be symbolic. Which is a real possibility.

I certainly don't hold any trades for long. But I am starting to nibble now for longer term holds, the wire transfers for the new house have been complete and closing is Monday, so I feel safe putting some money back into the market.

[NitroZ7]

My thoughts. This makes no sense. But it rarely does. I remember when covid first hit, the markets sold off for a couple weeks, then went on to make new highs before the real sell off began. We were making new highs as I was reading reports of China welding doors shut on apartment buildings. A CDC person was talking about how disruptive the virus would be, but the markets didn't care for a few more weeks. I'm getting the same vibe. I feel like we're whistling past the grave yard.

I think the market believes the tariffs won't stick, or won't happen, or will be watered down and only be symbolic. Which is a real possibility.

I certainly don't hold any trades for long. But I am starting to nibble now for longer term holds, the wire transfers for the new house have been complete and closing is Monday, so I feel safe putting some money back into the market.

We just listed our house last Saturday and have 5 offers. We just counter offered today so if that sticks it looks like we will be selling in the next 45 days. Will be nice to replenish the cash I had to use to build the new house. I can start selling some puts again.

[davidsa]

Congrats Nitro! I though property in Florida was moving slow. That is an amazing result

[NitroZ7]

Congrats Nitro! I though property in Florida was moving slow. That is an amazing result

We priced it reasonably and have impact glass throughout the house and updated everything. Things have slowed quite a bit on the west coast of Florida but not as much on the east coast.

[sdbrison]

For clarity, that was half joke/half compliment.....

Any thoughts going into the weekend?

I will add that it was good on both points also.

[TownesZ21]

I will add that it was good on both points also.

Thank you sir!