JP--
capitulate baby. the top may be near, but who the hell knows where that is.
most of my money is cash, some puts, some real estate.
long term pension is 30% oil service stocks/funds, 40% big caps, 10% gold, 10% small caps.
so, am i bullish or bearish?
Like ahhaha says, the top side is minimal for most of the stocks, the downside is 50%. The old leaders---DELL, CSCO, CPQ, INTC, IBM aren't even at new highs.
My long term stuff I'm comfortable with them. Big caps may take a big haircut, but it's not needed for a long freaking time. Ok, I'm actually the WhizKid's younger sister and I dictate to that squirt. LOL.
Seriously, capitulate? Sure, why the heck not? Who can time the down side? Just go long on the indices and short the POS's. Have tight stops. -----eg----- |
