@investorinsight prolly a good idea

@investorinsight Are you a full time investor? I think 'buying the dip' and adding cash could both be the right thing to do depending on whether you do investing for a living or for retirement ;)

@avid6ix I am a long term investor and active swing trader, but I do have a full time job as well.

I believe we see lower levels until Q1 2023 so I’m just adding cash until the market looks ready to buy the dip. I am a technical analysis guy so I don’t DCA - I buy dips in a strategy way where the chart looks ready to reverse.

@investorinsight Q1 2023 sounds about right. I also see lower levels but mostly on the indexes and companies that havent gotten hit as hard. I find it hard to believe that the companies Im invested on (which have been hit super hard) still have a lot lower to go.... but it could be wishful thinking I guess

@avid6ix What makes you believe they can’t go much lower? We are in an environment of QT and higher interest rates. How much is priced in? No idea but the chart does not suggest it’s time to buy the dip just yet.

@investorinsight Mainly based on multiples and previous resections... and I guess gut feeling? lol I just think that similarly to how Real Estate is a lagging indicator compared to stocks, I think small/ medium caps and the growth sector is a leading indicator and the SP500 and the other indexes are lagging.

@avid6ix I really struggle understanding multiples. Don't you just use prior multiples to find "value" of a stock or am I mistaken there? Fundamental Analysis does a really really really bad job at timing good entries on stocks in my opinion. A bear market or recession does not care about multiples, but the chart will suggest its ready to reverse by its look if one studies TA. I do agree that the growth sector does lead and all those look weak on higher time frames for now.

@investorinsight I would venture to say you are right and it would probably be smarter to accumulate cash now, my investment psychology is the opposite of a panic seller lol. I find it hard to keep cash in hand and every little 5%-10% run has me panicking thinking I missed the bottom 😅😅😅

@avid6ix I have some homework for you this weekend: study up on stage analysis. It will help you see a very high time frame picture on a trend using technical analysis. This is a great place to start to see super high time frame movements.

@investorinsight really appreciate it. I will look into it!

@avid6ix Happy to answer any questions you may have. TA is a whole new world that FA, but it can be a great tool for your toolkit to make you an even stronger investor :)

@fatbaby $SQ is definitely one of those stocks that I keep looking at in order to open a position. Unfortunately Im underwater on so many good companies that right now I rather average my cost basis

@hedgevision $AMD is great. Superb execution and in an industry that can only go up from here

@from100kto1m What makes you excited about them?

@avid6ix it’s Mexican airport that’s rebuilding and expending with dividends and future growth

@tomato I see $CLPT as a moonshot play in the sense that it would hurt if it went to 0 (not probable) but I would be ok, on the other hand at this market cap and with everything they have in their pipeline and all the different industries they can eventually grow with (BCI for example) they could definitely be a 100x

@tomato Lately what has gotten me really excited is the fact that they are prepare to whether this storm without the need to dilute (they have 4 year runway assuming no growth), AND it feels like FDA approvals are coming at a faster and faster pace

@investor_from_nepal what makes you excited about $VICI?

@joeyhirendernath cant go wrong with it!