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Strategies & Market Trends : Young and Older Folk Portfolio -- Ignore unavailable to you. Want to Upgrade?

To: Max2.0 who wrote (7264)	8/1/2024 7:03:12 PM
From: chowder	Read Replies (1) \| Respond to of 22018

Re: Balanced Portfolio .. I therefore do not play the game of selling specific securities when I think they are prepared for a correction. Keep in mind I was playing the momentum game and I have a good bit of profits as a result of it. Momentum for those holdings is no longer in play, so I need to take overweight positions down to full positions or less. It seems to be the prudent thing to do. If the holdings weren't overweight, I'd have a different perception. HD, DE and CAT haven't exactly been on fire, but I'm not trimming those, I'm adding to them even though they were correcting. I wasn't playing the momentum game with them. So, where I might be trimming or selling in one portfolio, I might be buying or adding in another. It just depends on where each portfolio is at.