Ok. I rode the rally up from June low on 50% cash but now I'm thinking of selling all my MSFT AAPL GOOGL NVDA ASML LRCX etc till we get to sp500 2000 or so.
I just don't see the point in holding my MSFT and stuff.
I got in MSFT at $220 and my AAPL is basis $103 but I feel by October MSFT will be at $150 and AAPL will be at $80 or less so I'd rather get out now.
I'm still negative so I'll have no tax consequences, but I'll have wash sales but that's no.biggie for me.
I'll keep my UNH since I'm up 54% since buying it 1.6 years ago and probably keep things like UNP NEE COST and my ENPH.
So anyone else selling all their tech?
I just think MSFT and AAPL will be going down at ver least 50% so why lose money when I can just buy in lower?
I like MSFT and AAPL, but I think tech will get crushed now.
So basically I'm 50% cash and maybe gonna up to 70% cash or so till end of October maybe.
Good luck all! Keep the faith!
We'll get through this!
Leave a Reply