I'm increasing my limits. I really like them long term - 1-2 years or more. So I'm about 2/3 of where I want to be now. I'm just going to keep buying them on every significant dip.
I wish I had been in the saddle on the day lows the past couple days, I would have bought more.
The trip was very good on all measures - business + fun - except I didn't see as many old friends as I wished.
Tech collapse is just beefers selling winners - that pattern is so obvious. I might buy some there, too, on Monday.
We have to face that the beefers can have their way with the market for significant time periods and % moves. Any real buyer is going to just pull bids and wait whenever a selling wave hits.
I have a pioneer mentality. My wife & I live in the woods - neighbors aren't visible except slightly in winter. Our "bunker" - hehe, really a fine home & barn - has plenty of security. We have four dogs: Krypto (age 9, Kelpie), Ava (age 13, Rat Terrier), Sky (Kelpie, age 5) and Lucky Star (age 1, kelpie). I don't take crap from anyone anymore, having enough resources & gear stocked up to survive in any circumstance.
I have three degrees from Harvard including a Ph. D. in a physical science, and an MS in Management from MIT. I worked as an investment banker for about 25 years, mainly in secured finance, at three major Wall Street firms and for the last 17 years with my partners at our own firm. I'm semi-retired now, managing some private corporations and business interests and doing my own trading & investing. This is not to boast, but to give you an idea I know a little about some subjects from experience.
The photo is my 1943 M16 half-track which I am restoring. These armored vehicles were ubiquitous in the US Army in World War II and Korea. It's driveable.
6 comments:
Welcome home Bunkerman...good trip? how near are you to filling up on the fins.r
I'm increasing my limits. I really like them long term - 1-2 years or more. So I'm about 2/3 of where I want to be now. I'm just going to keep buying them on every significant dip.
I wish I had been in the saddle on the day lows the past couple days, I would have bought more.
The trip was very good on all measures - business + fun - except I didn't see as many old friends as I wished.
Tech collapse is just beefers selling winners - that pattern is so obvious. I might buy some there, too, on Monday.
Just doubled CSCO
We have to face that the beefers can have their way with the market for significant time periods and % moves. Any real buyer is going to just pull bids and wait whenever a selling wave hits.
Compared to my original plan, I'm about 150% of the fins. My new plan is to go to 200% of the original plan. These prices are too good to pass up.
thanks Bunkerman...have a great weekend...get that trading plan together...we will buy them hard next week...at least for a trade :)
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