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Strategies & Market Trends : Buy and Sell Signals, and Other Market Perspectives -- Ignore unavailable to you. Want to Upgrade?

To: TraderMann who wrote (13303)	1/28/2011 5:07:22 PM
From: robert b furman	Respond to of 222992

I have a core in two stocks. I scale out of them after the market is too good and I buy them back,if they slide back, As of today,I've repurchased everthing I sold 2-3 weeks ago plus a bit more on Cohu since I got some a year end bonus.The dividends pay me about 2% so extra cash I keep in cohu. I'm margin free and if anything gets really cheap I can double down,but that would have to be at much lower numbers. So with my double tracking on buying back what I sold at higher levels-I'm 45 cents under water but at a price $1.00 -$2.00 below where I sold out. I'm hopeful this sell off continues so I can get reinvested back in my 401 K. I'm all income fubd there and sold out below where the indexes are now. I need to get reinvested as the interest rate isn't enough to keep up with cost of inflation. I do 1/3 $rut (sold out at 772.10) today was 775.30 so close but would like to get back in 5% lower? 1/3 $mid (I sold out at 896.20) - now it is 917.79 (need 20 points just to get even?) and 1/3 SPX - (I sold out at 1240.46) - today we're at 1276.34 - 36 points and I'm hoping for 1227 or lower. So I'm able to benefit from a lower market and all my stocks are very profitable in the long run. Pretty much done buying. Bob