FredE,
UF, Stockhawk, and Century Man pretty much said it all, as far as responding to your "cash management" post.
Of course, if you have a crystal ball that gives you timing to buy and sell at the right times, that's great. But looking in the rearview mirror does not teach lessons. Buying gorillas (and Kings), keeping up the dd, and holding through the bad times is the strategy to me. What you are preaching is not a strategy--it is a tactic.
I am pretty happy with where I am today, portfolio wise. The decline in Q was painful, buy some of my other stocks have done very well because they are gorillas and kings. When the market heads back up, and/or it will, and when the value of Q is realized, I'll be back to new highs.
I see that Sir Dance a lot is back in the fold and Chaz is wandering from the fold. He'll be back, I'll betcha <g>. |
