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Strategies & Market Trends : Three Amigos Stock Thread

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To: Sergio H who wrote (4821)5/16/1998 6:35:00 AM
From: Ditchdigger  Read Replies (1) of 29382
 
Morning Sergio,well my feelings on the market,to be honest,I'm a bit spooked at present and am sitting 80% in money market funds. Call it a hedge,my IRA funds were/are up 20% on the year,I figure what the hell,it costs me nothing to shift around,within Janus funds.So worse case,if I can keep the 20% gained,and collect 4%+/- for the rest of the year (net 24% gain),well then it was a fantastic year,considering over time the market gains 10%/yr.My trading account cash will automatically get sweeped into a money market fund as well.Result,nothing to lose,except a bit of time,with an option,when/if a correction occurs and nears end,I can jump back in and make profit on the retracement..DD
Enough said about this subject for now,going to be another beautiful day here in the Green mountains.I bought 100 native trout to put in my pond(6"),so will be outside "piddling" most the day.May even take a internet break,and smell the flowers for awhile<lol>.........
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