Morning Ike..
i am not bearish here unless the FED cut's only .25...the streets looking for .50..anything less would be a disappointment..we need a short pullback to support here..
but nothing too serious...
and as of this year, the only real change in my overall thinking is this..
if you consider all your tradeable/investable capital at risk..
it makes the most sense to me, to have 25% in a trading acct, for short term trading ala me<g>, 25% in mutual funds, 50% in a long term stock portfolio that is scrutinized closely 3-4 times a year..
and..that people actually SELL at overbought areas of those stocks and sectors that get there...we can no longer just watch these profits errode...and everyone, must trail a GTC stop on ALL stocks, in all portfolios...without exception..
stop gains are just that...you'll never lose your profits again, and..you'll always protect current capital at risk..
i still invest Ike..only much less now..i love to trade, because it sends home the bacon everyday..feels great, sleep like a baby, and have no regrets..
hope you and yours are doing well
best
OJ |
