>> but I am going to wait until the market breaks<<
Does anybody have Buy-Orders in, against a break ?
I have started to do that, GE at 75, FELE (Franklin Electric) at 48. Got to work on some more.
If we really like a stock, we can determine at which price we would like to add, then put it on Automatic Pilot.
It would also keep the number of issues down which one owns. Easier to keep track, and Buffett says: 20 times at bat in a lifetime, is what one really should follow...
I must admit, I still have cash lying around, from my house sale (after 28 years, a 10-banger if you don't count inflation)
One has to update the orders, from time to time. I forgot, had GE at 53 and it broke to 69 in October.
Any thoughts ?
Walter in HK |
