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I get criticized for saying a lot of the same stuff. I like to see myself as being patient, persistent, and consistent not repetitive. With that said, one sec., cntrl-A, cntrl-C, cntrl-V, there, bam: Again, I have no regrets for being prudent nor should you. He who fights and runs away lives to fight another day-stop me if you’ve heard that before. It’s hard to be patient when the market is in a “sort it out” phase but that’s the thing to do. You have to pick your spots very carefully. About all I’m seeing on the radar now is a few speculative IPOs. I’m going to nibble there on entries but for the most part, I’m going to be patient. Now’s not the time to rush out and buy a bunch of stocks, especially when you look under the hood and see that the market isn’t running on all 8 cylinders.
Best of luck with your trading today!
Dave
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