TXN, Nas commments:
still have that order to sell all at 34, and, you're right, it looks like the rally is over, and I missed the opportunity to lighten up. That's OK, I've sold a lot of other holdings, at a nice profit. On 3/28 I was on 10% margin. As of yesterday, I was 20% cash, which feels about right. The plan is, still, to be back to 100% invested at about Nas 1650, and use margin, in small increments, from there on down. I've cancelled my highest-cost buy orders for most of the equities I'm holding, as I want to space out my buys in wider increments. Don't want to get too much too early, and be unable to buy anything at the bottom.
I had expected, this earnings season, for the news on CNN to be bad, and overshadow good sales/earnings news on CNBC. As it is turning out, we are getting bad military/political news, and new bad earnings/sales news. I wasn't pessimistic enough. EMC and QCOM getting killed.
I have buy orders for TXN, beginning at 28, and every point on down. If I don't get it in the next couple of weeks, I may up those prices a bit, to 31 max.
I will say "comments" after the stock/index symbol, if I am commenting on changes in my buy/sell plan, but haven't actually done a trade. Since most of my trades are using scaled multiple limit buys and sells, most of my posts will be "comments". If a price happens, and I have posted that I have a limit order at that price, then everyone can assume it filled. G: Is this an OK convention? |
