Sold 1/4 of my 2003s, as the stock hit 11. The rest will go at 13, 16, and 19. I won't have a net profit on the 2003s, until/if the last sell price is reached. So far, yesterday and today, we've stalled at the 50 day moving average, where the stock has stalled this entire downturn. I'm going to wait a few more days, and, if we still can't stay above 11, reduce my sell prices. I want to be out of the 2003s by 12/31. Already way ahead on my 2004s, which won't be sold unless we get into the 20s, which I doubt will happen this year.
CNBC is talking about anthrax. That's ALL they are talking about it, and I've had it murmuring in the background for a couple of hours. Whipping up our paranoia and fear has replaced hyping stocks, for that business "news" network. I expect to hear a detailed discussion, about the merits of fitting air filters and net access into all those 1950s bomb shelters, and then moving our families into them, with a few year's supply of food and guns. Geez. When they aren't talking about anthrax, they are running commercials from lawyers specializing in bankrupcy and tax problems ("end your IRS/debt nightmare NOW!"). |
