I don't know about Cabot, but when LU started to join in, I began to see a short term top. You know what they say, "Even turkeys can fly in a tornado." <g> I'm not adding now. Stocks have gone far in very short time frame, it's near the weekend, after MSFT reports, we pretty much have shot the last of the bullets and we need to reload. It all depends how you skills are and what your time frame is. If you are thinking long term, add a little, but be prepared to see it drop a lot before you can add to it. I have been giving stocks lots of room to move around. Once we establish some form of channels, then I will start to use my tried and true stop loss methods, but until then, the volatility is just too much to worry about it. In order to think like the above, you have to believe the bear is over with, which I do. Don't get me wrong, I have some nice size gains that I will protect, but I will welcome any selling with additional funds.
B |
