Vikings
Invest for living, living to invest
Congrats for longs.
Market might rebound for a few days, however please remember sometime down the road, fundamental factors will kick in high gear. Many layers of divergence existing and emerging which hints bumpy road ahead. Just name a few, forward earning, corporate buy back, macro factors, are showing contradictory trends with stock market in the last 6 month or so.
If you have nice gain be conservative, and waiting for the large correction to buy low. 80% of the gain of index happened in 20% of the time. expecially this year. Energy stocks keep deterioting to new low, earning will inveitably subject to revision from sell side analyts, and this is contagious to other sectors. I don't think the current price target and rating from Wall street has fully priced in the low oil scenario. Yes, Oil will eventually bouce back some, but will see bloody before that happens.
let's monitor how far can this rebound go... ready to liquidate and/or add short positions except a few core holdings.
I don't usually post, and only for long term investor's perspective.
YMYD
