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Non-Tech : Kirk's Market Thoughts -- Ignore unavailable to you. Want to Upgrade?

To: Winfastorlose who wrote (9521)	4/28/2020 7:43:53 PM
From: Kirk ©	1 Recommendation Recommended By kokoro33 Respond to of 26408

Predicting the future is difficult... that is why most who claim to do it resort to trickery until they are caught and the rating agency accuses them of cheating then stops following them. I took a TON of profits going into the top... was the most in cash in my life... and the day of the bottom I had my allocation back to "typical" so now, after a huge run and some profit taking, I'm over allocated to stocks and have to take more profits. With the huge gain in Alphabet after hours, I'll probably be booking a very nice gain on SOME of the shares I bought during the decline tomorrow at the open when my limit order hits (published in ADVANCE last weekend!) Alphabet is one of the best dividend stocks in the world.... I pay my own dividends trading the volatility! It goes down I buy 5 then when it goes up I sell 4... making a larger and larger position. When I need cash, I'll sell as much as I buy or maybe more when the position gets too large. I go with letting the markets tell me what to do, buy good companies that are better than Buffett's choices for the past 22 years, and then take profits when they are up and buy back the best when they fall. Now and then I've had a few duds, much like Buffett, and so I take my lumps and sell them, usually with an apology in my newsletter for the bad picks that lost money. From the latest Timer Digest: Like you say... I'm well above where I was before.... People who lie about their records, perhaps even sociopaths who don't care that their nonsense costs people a lot of money in lost opportunity costs, can't publish a model portfolio showing great results.... for obvious reasons.