MARKETS,Anybody even yet?

[FAA]

Disney is the Barron’s cover story. Shareholders can really wallow in their misery! I certainly don’t consider it worth a 38.6 P/E! It’s a hot stinking mess.

[olds442jetaway]

They own at least one good thing I watch all of the time. The History Channel. I hope they don’t destroy that too.

[olds442jetaway]

I could have picked up a quick 3 points by adding to Disney and dumping same day. I knew it would pop just from the Barrons article. My ESP tells me the market is due for a rest or pullback. Unfortunately, my ESP stands for Extra Scary Pitfalls.

[case]

I will be buying Disney IF It pulls back below 85 dollars. I believe it will be well over 100 by the end of the year unless we get into a recession. 2024 will see more share growth. Just what I see looking at the charts and reading the news. I want that 85 dollar price so I feel I got a deal.

[FAA]

You just had $85.49. Don’t count on a sub 85.

[case]

I did buy a small amount but not as many as I wanted. Markets are still primed to drop some so I might get another crack at DIS

[FAA]

Good that you locked in some. What price did you get?

[olds442jetaway]

I think Dis will have some surprises up its sleeve, but I am not sure when or what. The people being called upon to return to Disney, evidently know the company well enough to turn things around. Trying to not get too political here, one of the dumbest things they did was similar to what Bud light did, but Disney did more of it in different ways. I hope they do better as I have a big position in it. At this point, being nervous about the market overall, I am hesitant to add to it, but I may nibble.

[FAA]

$85 floor IMO. BA and JPM have canceled their 2023 recession calls (Barron’s, p. 7). Morgan Stanley bear is still on prowl, but happy that the others are hibernating!

[case]

FAA
I got it for 85.99 as I had a buy order right below 86. I still believe with the big boys like Apple and Invidia losing some ground that the market might correct a bit and I might get DIS cheaper. I will DCA if it starts to drop below 85.50.