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


To: Fintas who wrote (50016)5/10/2013 2:44:03 PM
From: Machaon  Read Replies (2) | Respond to of 218589
 
Both of those sectors are not for the feint of heart.
I sold my long term holdings in XLU at $37, trying to time the market. It did not cooperate and jumped up over $41. It's pulled back lower than 40, so I've bought back in a little. Talk about feint of heart, I HATE buying a stock for more than I sold it for! Talk about selling low and buy high! Oh brother!


Yet I did notice last eve Precious metals is firming up a bit. SLV is so overdone it begs for a rally.
Thanks for your evaluation! I appreciate it.

SLV really took a dump, this morning, and then rebounded. I really believe that it is powerful forces that try to force the timid, small investor off of their shares. It's a capitulation technique that I think happens more often than not.

Bernanke was VERY clear re Banks today re regulation and too big to fail.. Pay attention for those banks do have an impact on what the admin desires as well as Bernanke's remarks recently re fiscal policy.
Could you explain this a little more. Thanks!