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Non-Tech : The Woodshed -- Ignore unavailable to you. Want to Upgrade?


To: TH who wrote (37485)2/7/2006 2:09:17 PM
From: Charles Macdonald  Read Replies (1) | Respond to of 60912
 
More guts doesn't equal more brains.

Not looking to give back the gains I have locked in YTD, so for right now just testing the water with some trading shares/money.

For the record, I have a habit of being early. So I have a pretty short leash on some of trades entered today - Others are more speculation and I am willing to let run/double down/etc depending on where they go.

We shall see.



To: TH who wrote (37485)2/7/2006 2:24:58 PM
From: patron_anejo_por_favor  Read Replies (2) | Respond to of 60912
 
>>You have more guts than I do. I will wait until at least tomorrow to see if we get knee-jerk selling.<<

I agree. I got stopped out of a couple of my remaining positions, and given the charts, the oversold levels we were (and are), seasonality, higher rates and yield curve inversion, I'm not in any hurry to reload. To be honest, I think the chances of a market crash are higher than they've been at any time since 2000, so I'm short stocks and playing the long side in everything (including metals) lightly at this point.