SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : 50% Gains Investing

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
From: Dale Baker1/22/2008 4:57:58 PM
Read Replies (5) of 118717
 
I raised the portfolio cash level to an unprecedented 40% today; I had planned to do more but some of the Asian stuff is trading at such stupid prices that I won't sell until they rebound somewhat.

I reduced MTNOY, TFFTF, TLVT, ORKLY and KPELY by 1/2 or more.

I sold completely:

CFSG
SSL
IIJI
CSE (keeping TONE which CSE is buying)
FSNM
CIM
DNBHF
MUEL
ALY
SWDBY
GLDD
SHERF
BAM
CBON

There's a 50-50 chance that we are standing on the verge of a much deeper selloff like January 2001. The risk is high enough that my main goal for now will be capital preservation rather than taking on more risk.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext