more of my investment guru advice and comments, Enjoy, Mark
The markets are still going up.
Or are they?
Look at these:
INTC, MSFT, DELL...
IMMR, IDTI, SKS, M, JWN...
CIEN, ADCT, JBL, EFUT...
sw.to, cls.to...
DRYS, EGLE...
Basically, many are topping,
and some are still going down.
Some never even went up for more than a 20% gain -
off their multi-year bottoms.
Some you can NEVER buy, like NT, GM and ASYT.
For some you're too late,
for others you're not.
However, at this stage it is
too risky.
Now, imagine if they were in a mutual fund.
You would never sell.
In your case I would suggest not to do anything.
Yet.
I wouldn't - and I know how to get in and out during the same day.
You want a clear up or a clear down.
When it is I will let you know.
This is neither.
Basically, at this stage you are too late to buy
and many you can't short yet (because you want them to go down -
and not hold the same level - which many still are).
Just like buying - you don't want to hold the same price forever.
It just looks like another Wall Street setup.
You should ask a financial adviser -
tell them the exact stocks and see what they tell you.
I bet it will be: Buy for the long-term.
Then ask: When do I sell?
For Intel, Microsoft and Dell I can tell you right now:
If you have not yet sold you never will.
Whatever you buy you have to sell.
What if you can't sell?
I hope this finds you Happy and Healthy!
All the Best!
Mark
A. Mark Argentino
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