Re: Rod's Account Talk
Originally Posted by
Whipsaw
Rod, thanks! Glad you side stepped this one; I manage so sidestep the housing crisis... but not this one. You think C or S would have the best rebound? Rode S down, its been lagging the C... not a pretty picture, but hope to position correctly. Possibly a bottoming process going on now.
I nibbled in on most of those stocks I mentioned a few posts ago. They may be down tomorrow... and every other day thereafter. But, at least I am beginning to rebuild my portfolio.
Although (S) has the most to gain (just look at the bottom part of the auto tracker), I'll likely stick with what's worked for me in the past when I do eventually make an IFT: 60 (C) 40 (S). But, I won't do that to catch the inevitable rally that is due. I think I will wait until after the first retest of the lows after that inevitable ride back up.
Remember, don't let it trick you. Do not think we are out of the woods when that rally eventually takes off. Be on guard for that retest of the lows.
"Treat your wife with honor, respect, and understanding as you live together so that you can pray effectively as husband and wife." 1 Peter 3:7
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