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Pastimes : The Justa and Lars Honors Bob Brinker Investment Club Thread -- Ignore unavailable to you. Want to Upgrade?

To: Investor2 who wrote (4987)11/13/2009 1:07:27 PM
From: Beobe  Read Replies (2) | Respond to of 10065
 
if it looks like a bubble and walks like a bubble there is a pretty good chance that it is a bubble. Bubbles can deflate pretty quick.

I sold most of my GNMA's a while back (around $10.70 or so) and put the money into CD's. No real return on CD's but I locked in my gain instead of (maybe) locking in a loss later. I'm going to sell the few remaining GNMA's next week.

The game today is all about controlling loss.

Bob


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