Andrew;
I have sold and put my $ mostly in beaten down, big cap drug stocks. This is the position one might take going into a downturn or possible recession while still staying in the market. To me, we are in the possible early stages of a bear market with false rallies sucking in the last bits of $. If this is not the case, I feel my stocks will still do well, and not so bad if it's true. Also, just in case, I have paid cash for my family trip to Bali & the Donzi with a fraction of this years gains :') Those can't be taken away now, just enjoyed.
Best Regards,
John Stewart
ps. If, at this point, your emotions are beginning to take over your logic, I suggest you go to cash. If your logic tells still rules your mind, go with what it is telling you. |
