<<Me, I got my stops set 5 points or so under the last lows, if I get stopped out, I'm taking a trading holiday.
>>
Arent you now feeling that the worst is over and it's time to buy....I hit the link you sent volty......you seem to think smartly in that now is not the time to fight the fed. Youmentioned this bottom is simiar to the last top we had..the top shoulda been sold, the bottom should be bought.....now I see your comment about setting stops $5 under......heck greg, in this volatility, doesnt that make you kind of like a sheep in waiting. $5 aint nothing the way these stocks move now.....those mm's, will see those stops and come right on down and steal your shares....meanwhile, lets assume stocks do drop further....would that not be an even better time to buy..instead of sell. I know you are "preserving capital", but if you feel we are closer to alow then a top and feel this is when we should be buying, it would seem to me if they drop your stocks those $5, you would be taking advantage and buying more, rather then selling?
Just trying to get some idea's......if the mantra is true that we should not fight the fed, then yes, we may go lower, but the end result should be higher, would you not agree?
TIA
Keith |
