que seria, it is too bad that we can't jump in all the way, and stay there, but we are treading a tight rope.
Caution is a must, with these high P.E.s. I probably wouldn't have sold today, if a experienced and skilled female trader, hadn't got on my case, and admonished me to trade what was in front of me, in these mkts, as apposed to trade, based on projections, about what tomorrow may bring.
As I said, if I didn't need the money, I may have held my trading shares over night. I continue to hold my non trading stock, some with a cost, as high as 88.
So far my approach has proved a success. The long term shares keep my investor wheels turning, and the trading shares keep my money working effectively in these gyrating mkts.
Ultimately I look for the stock, to benefit from the company, settling in to a nice long spell, of impressive earnings growth.
But until we get additional evidence that we are there, we have to be prepared for all eventualities.
That is why I continue to feel my way along day by day, with half my position. On top of which I am prepared to invest additionally, beyond my 4% of portfolio limit, if say some temporary eanings disappointment briefly took us drastically down, or some such situation occured. shaw |
