So, you only sell your stocks when they are down?

1/3/2008 9:06:36 PM

Yes. The general idea is to sell the losers and keep the winners.

1/3/2008 9:09:49 PM

Bought 12 more shares of CSCO at 26.75 and 5 shares of SIGM at 55 today

1/3/2008 10:19:10 PM

I still want to get some AGU and/or COP but i think both have been overpriced and am waiting for a correction

1/3/2008 10:19:41 PM

^^

Don't the transaction fees eat you up with trades that size?

1/3/2008 10:32:11 PM

Dow at 12870. Truth be told this is where I thought we would end 2007. The market has been much more resilient than I would have thought. But, as Keynes said, the market can stay irrational longer than any of us can stay solvent.

1/4/2008 10:59:07 AM

Dow is getting its ass kicked this morning

1/4/2008 11:04:07 AM

Quote :

"So, you only sell your stocks when they are down? 1/3/2008 9:06:36 PM A Tanzarian All American 2497 Posts user info edit post Yes. The general idea is to sell the losers and keep the winners. "

That is the worst idea i have ever heard

1/4/2008 1:51:31 PM

It's about time someone pointed that out.

1/4/2008 1:59:07 PM

The market is getting shitted on today

1/4/2008 2:04:44 PM

Quote :

"Bought 12 more shares of CSCO at 26.75 and 5 shares of SIGM at 55 today"

Quote :

"^^ Don't the transaction fees eat you up with trades that size?"

Maybe he uses Zecco with no transaction fees?

1/4/2008 2:06:07 PM

im still holding on the the stable value and bond heavy allocation for my 401k i posted in this thread earlier, think today would be a good time to dump it into the heavier stock % l plan on doing?

for a refresher, my setup is very conservative atm with 55% being in small gain/small risk areas:

20% Lifecycle Retirement Package
20% Stable Value
15% Intermediate Term Bond

im planning to dump/spread the lifecycle and stable value into s&p, international, and large cap and just leave the 15% in bonds. figured with everything down so bad it might be a good time for that 40% to buy in.

thoughts?

1/4/2008 2:10:24 PM

Quote :

"That is the worst idea i have ever heard"

Quote :

"It's about time someone pointed that out."

Care to explain why?

1/4/2008 2:14:49 PM

Quote :

"think today would be a good time to dump it into the heavier stock % l plan on doing? "

Definitely. Plus I assume you have a fairly small amount in there compared to what it will be when you retire, so perfectly timing a rebalance will only help you so much.

Quote :

"Care to explain why?"

Because you only have negative realized gains i.e. losses. Also, if a stock goes up and then tanks you don't make a dime.

[Edited on January 4, 2008 at 2:18 PM. Reason : ]

1/4/2008 2:18:29 PM

Quote :

"Because you only have negative realized gains i.e. losses."

Do you keep all of your tanked positions so as to not realize the loss?

Quote :

"Also, if a stock goes up and then tanks you don't make a dime."

That's why you keep the stock while it's going up and sell before it tanks and pushes you into a loss.

1/4/2008 2:29:21 PM

If you're investing in a fundamentally sound company a temporary pullback shouldn't be an issue. but it sounds more like you're gambling.

1/4/2008 2:35:34 PM

Quote :

"Do you keep all of your tanked positions so as to not realize the loss?"

Pretty much. I feel sure GS, CSCO, IBM, etc will be around 50 years from now...

1/4/2008 2:39:16 PM

my portfolio is looking sad these days.

1/4/2008 2:49:01 PM

Quote :

"If you're investing in a fundamentally sound company a temporary pullback shouldn't be an issue."

I agree 100%. And I can assure that I'm not gambling.

Quote :

"I feel sure GS, CSCO, IBM, etc will be around 50 years from now..."

Again, I agree. They're strong companies worth holding on to. How is that any different from "keep[ing] the winners"?

There's a disconnect here or something. I'm certainly not advocating that all positions in red must be sold or that all positions in black must be held on to.

[Edited on January 4, 2008 at 3:10 PM. Reason : ]

1/4/2008 3:09:40 PM

alright, its bloody out there. even if we do get that recession, some of it has to be priced in at this point. what say you?

i feel like buying something this hour.

1/4/2008 3:15:29 PM

aapl is tempting me

1/4/2008 3:31:44 PM

Quote :

"i feel like buying something this hour. "

Alcohol

Lots of alcohol

1/4/2008 3:45:25 PM

http://news.yahoo.com/s/afp/20080104/ts_alt_afp/commoditiesoilpriceoffbeat

Apparently one douchebag is the reason that oil hit $100.

1/4/2008 3:53:49 PM

This is so tempting ... csco at 26, appl at 180 again ...

got 2k to stick in something ... I hate being wrong and waiting though. Those are some pretty good prices, to be honest.

1/4/2008 4:00:47 PM

i just reloaded on some CHL and MA

1/4/2008 4:01:29 PM

I was a little bit disappointed today when my AAPL got stopped out at 190, but I'm extremely glad I stuck to my plan.

1/4/2008 4:15:13 PM

lol, the $2500 i dropped in on Jan 2nd is worth $2400 now.

Throwing another $1500 in on Monday if it doesnt shoot back.

I'm not spending another dollar until the market shoots back up. I don't care if its 5 days or 5 years from now. I'm going all-in every time i get paid.

[Edited on January 4, 2008 at 9:40 PM. Reason : a]

1/4/2008 9:33:36 PM

I'm doubling down on monday, as well

[Edited on January 4, 2008 at 9:36 PM. Reason : If I hadn't woken up so late, i could have acted earlier ]

1/4/2008 9:35:45 PM

^^ Yeah, I lost 1% the first day as well.

1/4/2008 10:19:21 PM

Quote :

"Bought 12 more shares of CSCO at 26.75 and 5 shares of SIGM at 55 today "

yeah dude, i'd say the MINIMUM should be trades about double that size.

1/5/2008 12:31:46 AM

I put a limit order for ~$1,500 on ADRE. I have a feeling the emerging markets will be a "race to the bottom".

Chinese manufacturing is already being undercut by smaller markets. I think the surrounding countries are the ones about to blow up.

1/5/2008 10:24:58 AM

Quote :

"Chinese manufacturing is already being undercut by smaller markets. I think the surrounding countries are the ones about to blow up."

Everyone invest in Mongolia!

1/5/2008 10:38:04 AM

now is a great time to get into commodities other than oil

1/5/2008 4:40:15 PM

^^ i like EWY as well - South Korean etf

^ i timed UNG pretty well getting in. i will get out as the end of Winter nears.

i will also look at MOO once a handful of the stocks pull back - that might be end of month/february



[Edited on January 5, 2008 at 5:32 PM. Reason : ]

1/5/2008 5:19:41 PM

I dont think the dow can get much lower than 12000 - 12500. Another drop like this week, and Im all in for sure. But, I do want to see what this coming week brings. Much of the "future recession" is being factored in to current prices I think, so unless there is some surprising bad news this week, things should bounce back at least 5 percent or so.

1/5/2008 9:17:33 PM

baaaaa baaaaa

1/5/2008 10:00:43 PM

guys, check out NIHD

the downside may be overdone, and if VIP and CHL are any indicators, this one might see a good leg up

1/6/2008 12:27:46 AM

went ahead and took a loss on N

and bought some NIHD

1/7/2008 10:07:39 AM

Quote :

"I dont think the dow can get much lower than 12000 - 12500. Another drop like this week, and Im all in for sure. But, I do want to see what this coming week brings. Much of the "future recession" is being factored in to current prices I think, so unless there is some surprising bad news this week, things should bounce back at least 5 percent or so."

My two favorite financial quotes sum up exactly why this is so hard.

"When there is blood in the streets, buy [equities]" - Baron Rothschild

"Its always darkest before it goes completely black" - Chairman Mao

I think this time we are leaning more towards the second than the first.

1/7/2008 11:31:51 AM

Rothschild was a better capitalist than Mao

i'm not listening to Mao

1/7/2008 11:39:28 AM

Wow, I didn't realize that the rupee had gained on the dollar so much recently.

$1 = 39.285

1/7/2008 12:16:41 PM

my portfolio got shitted on today.

1/7/2008 12:47:36 PM

I've been a fan of SHLD ever since Eddie Lampert took over a while back. It's bottomed out recently and I'm wondering if I should get out or stick with it.

1/7/2008 12:57:01 PM

VMW

1/7/2008 1:25:40 PM

^ If you have more than 100 shares you could sell covered calls on it. The option premiums are sick right now.

1/7/2008 1:42:56 PM

Sick in what way?

1/7/2008 1:48:08 PM

as in, they're overvalued, they're more expensive than they should be, and when you sell something for more than it's worth, that's a good thing

1/7/2008 2:06:00 PM

Last week when it was at $85 I sold covered calls in Feb at 90 for $6.30.

1/7/2008 2:10:51 PM

i'm quite positive on, and am recommending NIHD

1/7/2008 4:02:20 PM

I still don't get it Joshua.

1/7/2008 4:04:45 PM