I still have a bunch of rfmd. I did sell a bunch after a very nice, quick rise, but still going to hold a fair sized chunk and see if it can possible re-visit it's old glory days above $20.
Although jobs report was better then expected and we have seen some nice green, I am still not buying right now. Dow approaching 9700, naz approaching 1900. We are again at critical levels. We either can bounce above the two magical marks of 10k and 2k, or we flop back down. I am hesitant to put my cash to work at these levels. I have plenty vested, so if we do bull rush past those critical levels, I'll be happy, but if we dont, I want to have cash to spend if we get a good drop. I would not be a happy camper if I did what I did and sold some as we went up, locking in profits and raisng cash, only to buy higher, watch it then go down, which would really hurt those profits still sitting. The only way I will buy higher then when I sold, is if it looks more sure that the bear is in hibernation. Instead of chancing putting cash to work now, and risking us not breaking those critical levels, I would feel safer buying higher, AFTER it looks confirmed that be busted thru 10k and 2k, and those levels are fairly solid new support levels.....Nice to see so much green...everybody can thank me, as everytime I sell a tad of this and a tad of that, I always spark those stocks I sold and overall markets, higher<ggg> |
