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Strategies & Market Trends : Buy and Sell Signals, and Other Market Perspectives
SPY 694.04+0.7%Jan 9 4:00 PM EST

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To: GROUND ZERO™ who wrote (14831)3/1/2011 11:02:59 PM
From: rubbersoul  Read Replies (1) of 221613
 
Thanks, GZ.

We need those dips in order for others to get in. Last Thursday was a perfect example. That day was like a kick in the teeth but I knew we had it coming eventually. Then next day we finished up and now here we are standing on higher ground. I'm not going to get too cute here and try to catch every wiggle. I bet some investors sold in panic last Thursday then got caught with their pants down as their stocks went up 5% the very next day. I'll just stick to my strategy of rotating some profits into cheaper shares till April or May....unless the markets tell me otherwise.

Do you remember 4 weeks ago when many feared that 1260 POG was in the bag? That was just fuel for the bull....the wall of worry.<G>
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