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Misc Stock Market

I had completely sold off most everything in my IRA's as I am going to rebalance in October so the order did go through. But, I have been buying stocks here in there the past few weeks since in this IRA which is how this happened. I was lucky I caught it...I usually just buy, set a stop and then don't worry about it.

Well, this is why I had sold everything in a my IRA's 2-3 weeks ago. Wanted to rebalance anyways and you could sense market needs a long breather and maybe a 10-15% correction.

S&P futures shows waterfalling but we've seen time and time again violent reversals. I am not in many postions but do have a few and added the big dip this morning.

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Michael Burry had a good tweet this weekend....in particular one statement. I am paraphrasing...'parabolic moves don't resolve sideways'. No secret he is short but thought it was an interesting statement.
 
Michael Burry had a good tweet this weekend....in particular one statement. I am paraphrasing...'parabolic moves don't resolve sideways'. No secret he is short but thought it was an interesting statement.
Dude is banking today
 
We are getting oversold now. Shorts better be careful. Would love tomorrow to gap down so can buy the heck out of a dip.

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In weak markets we usually get weak closes…we are on the lows of the day so how much more flushing they going to do ?

Margin calls this afternoon won’t be fun. ?
 
Bought this little bio today at $5.10. Lot of smart people love this one and aren't selling even though it's up huge past couple of days. I sold 1/3 at $6.40 and holding the rest...but with a stop at $5.70.

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