Tuesday, August 22, 2017

Anticipating a Flash Crash

With all the anxiety and concern about current  market valuations, I think there is a small possibility for a flash crash to occur, due to algorithm trades being activated by some event.   So I am putting in some good til canceled orders at 40-70% below the current price, just in case a flash crash happens.

I wouldn't mind owning more Amazon, Priceline or Netflix at 50% or lower than current prices.

Disclosure:   At the time of this post, we own shares of Amazon, Priceline and Netflix.

For more on Ideas You Can Use, check back Tuesdays for a new segment.

This is not financial or investing advice. Please consult a professional advisor.

Copyright © 2017 Achievement Catalyst, LLC

No comments: