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Strategies & Market Trends : Picks of the quarter -- Ignore unavailable to you. Want to Upgrade?

To: tejek who wrote (5458)	3/16/2008 10:45:49 PM
From: Asymmetric	Read Replies (1) \| Respond to of 20435

No. My 401K at work is like 95% Cash. My trading account is 50% cash, 50% invested. The two biggest mistakes I've made is not having a position in Gold ETF, and just recently closing out my shorts because I felt the upcoming Fed interest rate cut would goose the market temporarily. The stocks I do hold either pay a high dividend, or are trading near book with PE's around 4 or 5. The only stock I actually hold from my contest picks is AHT, which pays a dividend of 13%. An example of one of my shorts was Washington Mutual which I re-shorted at 17.25 about two weeks ago and closed out last week. I may change my mind as the night goes on, but no I do not intend to sell tomorrow. In fact I may throw out some lowball ridiculous limit buy orders for tomorrow. The key is you'll have to put in any orders tonight. I anticipate you may not have access to your broker tomorrow. What are your thoughts for tomorrow, if you don't mind sharing. - A.