@snoozi:I nibbled long on this today for trade. Well see how long I stay put. Maybe my cost basis will hold up next week into years end. I'm leaving a loose cost basis stop on it. At some point market is going to sell off at least another 20-40% and this is going to be basement bargain price along with EVERYTHING tech/growth. I think this year we can make a new market low and rally into years end only to make the big dip 2023. 3-5 recovery after back to all time highs. When we rally off the actual bottom is going to be sweet and short lived. Then long slog compared to what everyone is used to. Well see. Might take to 2024 for bottom.$Microsoft(MSFT)$
@Joykong:If Not The Bottom, Then What?Seeking Alpha2022-09-26 16:51DJIA-1.62%NASDAQ-1.80%SummaryLeading central bank interest rates, set by to fight inflation, are attempting to peak in the near future.With sub-4% rates for US Treasuries, 10-year high-grade corporates at 4.6%, and medium-grades at 5.23%, the premium for government paper appears to be in place. However, it’s insufficient if demand curtailment works and drives up defaults.Did Friday’s stock market decline signal a bottom? Possibly, but it did not completely fit historical patterns.CaveatWe admit we don’t know what the future holds for us. I am falling back on my instinct to view things as bets with their own uncertain odds.Investment Markets Decline on September 23rdLeading central bank interest rates, sertt by to fight inflation, ar