Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : The Residential Real Estate Crash Index -- Ignore unavailable to you. Want to Upgrade?

To: Tommaso who wrote (128106)	6/9/2008 8:08:25 PM
From: Peter V	Read Replies (2) \| Respond to of 306849

No, I mean I took some profits, but didn't liquidate my positions. I've been wrong once or twice on market direction, and locking in some profits on a big day is often a prudent thing to do. I'm hoping for more tomorrow though, and may take more off the table. And take a look at SKF's and COF's charts. 127 is pretty well up there, and 44 is pretty nicely down. Either could go more, but could fall back first. Besides, the ultrashorts tend to leak money, so long term investing is a losing proposition.