Morning Jenna
having a good time i see???..always checking in, watching us, just like a mother hen<g>...hope your rested..because the fun is going to begin in earnest as we move thru the end of June..
all of us, and i mean ME included, have taken hits on stocks we hold in our long term protfoloio's.. if you buy and hold then it HAS to be expected...So the Gemmers here, just have to sit tight...
as for the trading accts???, that's different...we must be able to switch gears and go with the flow...when they say the trend is your friend, it is...i have never shorted so many stocks ever in my trading life...i have been going to cash every night...
it feels good...i don't like the downside...i like it long much better...and when this passes, and it will, then we can hold longer, and let our winners run more...
right now..preservation of capital is of the utmost...earnings season should be stellar...i expect to recapture lost funds trading MG great picks...what we have to be careful of, this is warning season...and going to cash each day protects us all from a devestating early warning overnight...
with FOMC coming on the 29th, and an expected rate hike eminent...we should use extreame caution taking positions in any long term investment stocks...till after the meeting and after we have the effect of that meeting...good or bad...
we can, as always trade each day, hit & run style at it's best, up or down, short or long does not matter..take those 2-3-4-5 points and be happy...i am..and lovin' it...it's fun and profitable...
anyway, glad your rested and ready...Gemmers let's get ready to rumble..
OJ.... |
