There is no way we are at the bottom. The ripple effects of all the cancellations are only starting this week. Earnings warnings will come next. Millions of events are being cancelled. Big money making events.
I have been buying and have had some “higher” priced fills, but the bulk of my bids look like this: (just a few examples)
CDN Last Close my Bid
Ry. 79 50
Bam. 65. 53
US:
Hd. 190. 140
Fb. 154. 110
Goog. 1115. 900
Costco. 280. 230
These bids are for small numbers of shares each and cover 15 or so companies. When these get filled I will reset new bids lower. I have them set to March 20. I am removing as much emotion from the decision process as I can. Even slow, I was so wound up yesterday that I had trouble sleeping. But that’s the business I chose.
A little context. I am more than fully invested in great companies, all of which I would buy more. So, I don’t need to rush this, and really don’t care all that much if I get fills. I have bids on the best multinationals in the world that I have had as targets for years.
Out of context: Dead bounce bounce today?