Look Out!
It has been a while since I posted.
CSCO blew up... again, but I am still long and added a little below $19.
I am hoping the market rally makes it to the second quarter, but with oil over $100, the Mid-East in turmoil, budget hawks circling I am not going to bet on it. Is this the wall of worry investors mention? I think there is plenty of things for us to worry about and all leads to lower stock prices. Take a look a the SPY for the past year, I could see us easily testing the $118.
I think May is coming early this year so sell and go away!
But what do you do with the proceeds is the hard question. Cash might be king, but whose? Can commodities continue this run given the global turmoil? Does anyone have a safe?
CSCO blew up... again, but I am still long and added a little below $19.
I am hoping the market rally makes it to the second quarter, but with oil over $100, the Mid-East in turmoil, budget hawks circling I am not going to bet on it. Is this the wall of worry investors mention? I think there is plenty of things for us to worry about and all leads to lower stock prices. Take a look a the SPY for the past year, I could see us easily testing the $118.
I think May is coming early this year so sell and go away!
But what do you do with the proceeds is the hard question. Cash might be king, but whose? Can commodities continue this run given the global turmoil? Does anyone have a safe?
Posted by Bradley Fluetsch at 2/24/2011 4:47 AM 
Categories: Spectulation
Tags: stock bond cash buy sell profit IRA retirement
Categories: Spectulation
Tags: stock bond cash buy sell profit IRA retirement
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