<<I sold most my stor....couldn't let a profit turn into a loss...may buy it back in the 4's...3's. too much controversy for now....did buy extr and beas at todays lows...partial positions. >>
Kewl.....I am not going to try and time this market. I dont care if a profit turns into a loss, as long as it eventually turns into a profit again. IF we ever see a real rebound, I dont want to worry about chasing stocks higher, and we wont know whether it's a real rebound until after the fact. So instead of scalping a point here and there and hoping to buy back lower....I am just buying dips cautiously and putting the stocks away for the long haul. The last thing I want after buyng extr at $100 and riding it all the way down ( amongst many others), and then buying a bunch at $8, selling it for a measly $2 gain and then missing it and watching it run to $30's or even back to $100....nope, I proved I cannot accurately predict the market, so with this in mind, I wont try. I will just buy low and sell high, rather then scalping a point here and there...Good luck.....no doubt your method is currently prooving to be the correct method for now as things have just gone up and down.....but I dont know when things will have bottomed for good, and the last thing I want to do is sit here looking at extr at $30, with the bull coming back, and then wondering why i sold it at $12, and now have to buy it at $30 If I want it...nope at these prices...I am buying the dips and holding on........good luck.......doing a little trading, but for the most part am buying low and putting it away....... |
