US stock market had seizure on Friday, slumping below key technical support in key indices.....
How low can we go.....
200 DMA is considered a major support.....
Most traders were " fully aware of this frothiness "
Just lie low until this selling wave passes.....
Switch to better quality stocks after this selling.....
YES I did add to my existing position.....
Here is how my last week ended :
Last week Down 6.65%
YTD UP 33.28%
Here is my portfolio weighting based on 65% exposure :
UBER 29.39%
GOOG 24.88%
AAPL 23.43%
CRCL 15.21%
SMCI 7.09%
BLOG does NOT give to buy or sell.
Saleem
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