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To: The Ox who wrote (1450)2/12/2013 12:41:50 PM
From: richardred  Read Replies (1) | Respond to of 8239
 
>Short term, I'm assuming that the President will say something that will spook the markets in the short run (2 or 3 weeks at most and quite possibly less). Given the run the market has had, the major participants may be looking for a reason to let the bears growl for a while. A back fill move here of short duration would be very healthy, imo.

You mean like a new tax on capital gains since the market has been doing so well under his watch. . <G>

I just sold My TWIN position as I write this. I still haven't bought anything yet this year . Before today, I've been giving a good look at OMPI. It's high on my list of speculative appeal. High rumors in the past and some activism going on. I've personally don't mind building my cash position as I protect the appreciation gains made, and sold some other stocks I made mistakes in. Personally I've been exiting positions on a gradual basis as the market goes higher.