My decision is partly based on the market in general, somebody mentioned October, remember that was the time when it seemed nothing could make the investors happy, it was sell sell sell from the opening bell to the end, it seemed Nasdaq would go down below 1200!!
then suddenly the world economy was back on track (?) and we've come from Nasdaq 1370 to 2350 in one breath, now we're in a mood that nothing seems to dampen investor enthusiasm, brazil or no brazil, forget latin america, forget the dollar, one hour of sell off, like a 2 minute silence and we're back buying again,
its like we overdo what we do and then we pay later, last monday was just too much IMHO, yesterday was the warning bell for me.
felt it was time to take some money off the table, I know timing the market doesn't work, but I'll give it a shot. good luck. |