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It is time to make -- -- Charles Payne Terry he's got something a little different parts capped by you know the I guess the oldest -- on Wall Street is buy low sell high.
Ricky Wright I want it more for the second or maybe the second oldest is the rumor sell the news down another -- to sort of buy when.
I know when no doubt there -- when things are rumbling.
Nobody wants and then when all the things look great you sell -- -- out this week to sort of a perfect example I think about yesterday.
You get this consumer sentiment number that's huge -- way above the -- -- -- market opens aren't then collapses down then you know all week long we've been getting good news on home builders and housing market.
Any other housing market the home -- -- the pressure in fact the XHB which is index.
It's down -- over 2% today.
So there's a couple things here because I think that sort of counter counter intuitive for the average person who kind of wants to get into the market yeah -- out some things to consider first of all you really probably should be buying when nobody else necessarily want rate.
It had the sort of patients to understand maybe in a lot of these things as cynical -- come back around.
Secondly these things -- made big moves are -- this -- home builder index up 50% coming into the week.
You know I did homebuilders are you guys April 24 did DR her -- in there and told Brothers.
Up forty to 52%.
Gonna go up and definitely at some point they do pull back so that's what people need to consider right now.
How to get ready for the scenario where you know good news comes out in the market still continues to pull back number one Melissa I think you have to -- reasons some cash.
Yeah how stocks listen you have a stocking up -- -- you bought the year and a half ago.
F fifteen today it's when he -- if it's not moving there is a problem.
There's a problem to assess and you know the hardest thing for people -- does that take the loss but ultimately when the next cycle comes around in the market goes up you still wanna be holding this stock could be -- I don't know if it's something that I mean my other conclusions what you're saying is you just do the opposite of what's logical and who I have -- -- have not had a I have gotten everything else all the I think you're right again they know what do the opposite of what is logical what everywhere now a lot of really got to -- -- that's right that's prostate.
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