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Strategies & Market Trends : Bob Brinker: Market Savant & Radio Host
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To: Kirk © who wrote (7238)8/28/1998 1:08:00 PM
From: Trebor  Read Replies (1) of 42834
 
> Since we've all been DCA'ing, no one really has any new money<

This has been my problem, so right or wrong, here's what I did about it: Got up at 2 a.m. to place sell orders at the market open on some winners in my IRA account that haven't yet taken a licking. I did this just in case the sky really is falling, figuring I might as well lock in some profits. So far, this looks like a good move as the stocks I sold are down from the market open. In my non-IRA account I sold off some losers for a tax loss, figuring I might as well beat the Christmas rush. All that has freed up some cash and I'm now doing some selective buying. Time will tell....
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