Added some more cash 😂
@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
@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 😅😅😅
$CLPT definitely different (more risky, less proven, smaller...) than the others on this list. What has you excited about them? I'm an investor as well.
@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