Friday, November 9, 2007

Back

I got back to the Bunker safely. I see more shelling in the markets. Sigh ....

Bought more WB, C, JPM. These are long term investments.

6 comments:

Frosty said...

Welcome home Bunkerman...good trip? how near are you to filling up on the fins.r

Bunkerman said...

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.

Bunkerman said...

Just doubled CSCO

Bunkerman said...

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.

Bunkerman said...

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.

Frosty said...

thanks Bunkerman...have a great weekend...get that trading plan together...we will buy them hard next week...at least for a trade :)