View Full Version : NICE GAINS
I was 100% S on Tuesday. As you all know, that was a pretty good day. I am now pulling back 100% G for the short term effective Thursday.
I'd hate to lose those gains so quickly. I'll probably go 30%C 60%S 10%I in a few days- locking into my long term strategy.
God Bless:^
This really sux.:P Stocks are losing too much, and no relief is in sight.
I'm hiding in G until further notice.
Hey, Rod, you should start a "Rod's Account" and "Rod's Account Talk" so we can follow your moves.
Yes, I agree, the Market's prolonged menses are getting aggravating.
tsptalk
07-22-2004, 04:34 PM
So if you were to answer a market sentiment poll today you would say you are....
Bullish? Bearish? Neither?
I never mean to pick on anyone and I am not defending my bad (understatement) timing, but capitulation (surrender) happens when you finally say "I can't take the pain anymore. Get me outat any cost!" I talked about it briefly in today's comments.
We must be getting close because I can feel the pain too. I should have jumped out when I wasn't feeling the pain. :( Do what makes you comfortable but I don't think now is the time to bail. That's when you get whipsawed.
puertorico
07-22-2004, 04:37 PM
so,Tom in others world May be good time to get in.
Where c , s , or i :?
tsptalk
07-22-2004, 05:39 PM
puertorico wrote: so,Tom in others world May be good time to get in.
Where c , s , or i :?
I guess what I'm saying is, if you've been fully invested all this time (like I have) now is not the time to get out. If you have been out all this time (envy) you can sit and wait for a sign of a bottom. Fear and panic are good signs. :)
With the uncertainty of the dollar I would overweight the S fund and use C and I based on your risk tolerance (i.e.: more I fund = more risk)
tsptalk
07-22-2004, 06:19 PM
Good signs. Intel is up over 1% today, Motorola is up 4%. Microsoft, Dell, Oralce etc. are all up. Tech showing some life in this misery.
Well, earlier todayI did get back into stocks. I figured that maybe I'll be able to gain a couple more shares since the NASDAQis at itslowest since Oct 03 is it???
Rolo wrote: Hey, Rod, you should start a "Rod's Account" and "Rod's Account Talk" so we can follow your moves.
Yes, I agree, the Market's prolonged menses are getting aggravating.
Yeah, good idea.
tsptalk wrote: So if you were to answer a market sentiment poll today you would say you are....
Bullish? Bearish? Neither?
I never mean to pick on anyone and I am not defending my bad (understatement) timing, but capitulation (surrender) happens when you finally say "I can't take the pain anymore. Get me outat any cost!" I talked about it briefly in today's comments.
We must be getting close because I can feel the pain too. I should have jumped out when I wasn't feeling the pain. :( Do what makes you comfortable but I don't think now is the time to bail. That's when you get whipsawed.
It fluctuates too much for me.;)
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