"Saving Souls from Buy and Hold" for about fifteen years now. -- Rev Shark
Saturday, January 30, 2010, 03:58 PM
In general, your target is not to beat the market. It is to beat zero. As I have written for years, the investors who win in this market are the ones who take the least damage. -- John Mauldin
All the way out of stocks in my 401a. The down trend is pretty much been established; There is a fast closing window on re-establishing the up trend. Next level of support is in the 1025 to 1030 range. If we close below that Friday or Monday, it'll be real ugly real quick.....
Once we hit 2010, we rolled over, stuttered for a coupla three four days, bounced into resistance, and rolled over hard. I was too cautious last year and I left a lot of gains on the table. What cost me gains last year appears to have protected my capital this year. I'm down wid dat.....