I seriously considered buying today, especially now that the markets are going up. I feel like I am going to miss the dip and was ready to go on a small shopping spree– just a few ETFs and blue chips I have been eying. Then I realized Putin is likely to make additional inroads into Ukraine this weekend. There is almost universal sentiment that the current sanctions are not enough. World leaders will be discussing a new round of sanctions very shortly.
My guess is that many people who bought today or didn't sell will be wetting their pants over the weekend when they hear about the prospect of new sanctions. I wouldn't be surprised to see stocks dip again on Monday and Tuesday.
Thoughts?
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