TheMilkyWay
2022-05-28

$Alphabet(GOOGL)$Always wanted to load at 2000 but when it fell there I got greedy & waited for it to fall further. Logically, how much more can a blue chip fall after falling about 40%, without acatastrophic event? Never try catching the bottom. Buy as long as cheap. 

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Comments

  • Asphen
    2022-05-29
    Asphen
    yup. blue chips need a long term view to it being an investor rather than a trader. I use TA to see where the levels are and go for them.
    • TheMilkyWay: 
      Yeap, agree, once you identified a good price to enter/ load more for blue chips using TA/ valuation, just stick to it & hold for the long haul. I just got greedy[Duh]
  • ValuInvestor
    2022-05-28
    ValuInvestor
    Always another chance to take a bite, have a shopping list ready
  • EndoGoh
    2022-05-29
    EndoGoh
    i also waiting at 2000 but it bounced back near 2000🥲
    • EndoGohReplyTheMilkyWay: 
      google is good company, they have quantum computing, if they become leader in future, no doubt they are good ai company, ai and quantum computing are future
    • EndoGohReplyTheMilkyWay: 
      i will just wait for awhile, if not hit 2000, will buy depend on the price, i am not trader, i buy for long time, i not try to time market either, just set some target of my executed plan
    • TheMilkyWay: 
      during the peak of Covid so not impossible with the ridiculous inflation & potentially another recession. Maybe we are now just in a short-lived bear rally & stock prices will fall right back/ even
    • TheMilkyWay: 
      lower soon. But seems like inflation may be peaking & Alphabet did have a decent Q1 earning so maybe we missed the boat to buy Alphabet at around 2000. I honestly dunno which is better haha.
    • TheMilkyWay: 
      I think low 2000 is a great buy. I actually set a limit order for 2010 & it got to 2025, I believe, then I thought perhaps it would get to 1900 & cancelled my order haha. I mean it was at 1800+ 1900
  • Duizzz
    2022-05-28
    Duizzz
    Still waiting now [Miser] [Miser] [Miser]
  • Frodo555
    2022-05-29
    Frodo555
    Agreed [Grin][Grin]
  • S.B.D
    2022-05-28
    S.B.D
    Yup, averaging down
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