To: TheSheep

[Capricious]

Oh, the meltdown in the economy isn't "imminent;" it's already here.

Back into the S&P index fund this afternoon; Don't think it's a "bottom"
but expect there will be a bounce of some sort to sell on. Been doing
Ok on the bounces:

Sold 08/05/05 @ 1284.88
bought 09/04/08 @ 1236.83
Sold 09/08/08 @ 1267.79
Bought 09/15/08 @ 1197.51

'course, I'm not bet'n the whole farm on this- just biding time
until it looks like a bottom, either in real estate or stocks or
whatever. Aint particular.


Capricious

To update:

Bought more ("doubled-down") @ 1156.38 on 09/17/08

sold it all @ 1204.64 09/18/08

Back to about 65% cash, not including land

Despite today's rumour-induced rally that the calvary is
on the way, I think the free-fall is just about here- reality
is setting in.

By the way, keep an eye on your money market funds,
stable value funds, and other "safe harbors".


later.


Capricious

 

[JoshMclean]

To update:

Bought more ("doubled-down") @ 1156.38 on 09/17/08

sold it all @ 1204.64 09/18/08

Back to about 65% cash, not including land

Despite today's rumour-induced rally that the calvary is
on the way, I think the free-fall is just about here- reality
is setting in.

By the way, keep an eye on your money market funds,
stable value funds, and other "safe harbors".


later.


Capricious

Please give us a blow by blow of your investments. I'm sure we all find it fascinating.

 

[Capricious]

Please give us a blow by blow of your investments. I'm sure we all find it fascinating.

Well, here's one: I just won a one-dollar-bet with the wife that
Josh would have to respond to my post.

Double or nothing?

 

[Babyblue]

I would buy in the a.m and sell before the close. Look for a big rally. The troops have arrived!

 

[ClintClint]

Well, here's one: I just won a one-dollar-bet with the wife that
Josh would have to respond to my post.

Double or nothing?

Any profit in this market is good, but a 2 1/2 % profit in 3 days in a market that is fluctuating sometimes 4-5% in a day is nothing to brag about. When you get the 'nads to play the S&P futures market (not the options on futures or the mini) then come back and tell us about how you're doing. To confuse investing prowess with dumb luck of rumors that the Feds would step in is naive.

 

[Capricious]

Any profit in this market is good, but a 2 1/2 % profit in 3 days in a market that is fluctuating sometimes 4-5% in a day is nothing to brag about. When you get the 'nads to play the S&P futures market (not the options on futures or the mini) then come back and tell us about how you're doing. To confuse investing prowess with dumb luck of rumors that the Feds would step in is naive.

Pass that along to the professional managers of the actively-managed
funds that I am in, will you. They "actively managed" to lose money
this week.

I am very happy with 2.5% in (3) days. Wish I could get it across
the whole portfolio once a month.

But as evidenced by Lehman, AIG, Merrill, et.al., stretching for that little
extra yield can be costly.

I think I'll sit-out today (Friday)



Capricious


"...Can't you understand what's happening here? Don't you see what's happening? Potter isn't selling. Potter's buying! And why? Because we're panicky and he's not. That's why..."

 

[TheSheep]

Any profit in this market is good, but a 2 1/2 % profit in 3 days in a market that is fluctuating sometimes 4-5% in a day is nothing to brag about. When you get the 'nads to play the S&P futures market (not the options on futures or the mini) then come back and tell us about how you're doing. To confuse investing prowess with dumb luck of rumors that the Feds would step in is naive.

ClintClint, you are soooo manly in your jealousies <swoon>

 

[JoshMclean]

Well, here's one: I just won a one-dollar-bet with the wife that
Josh would have to respond to my post.

Double or nothing?

Congratulations, 3.5% in 3 days is strong.

 

[ClintClint]

Watch out Josh, Smilin' Bob's blow-up doll will think you're jealous