I bailed out of the market today. - Printable Version
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I bailed out of the market today. - CC Solutions - 08-11-2011 05:17 PM
After losing over 30% on a stock I had that was up almost 25% 4 weeks ago (how can a stock move that much?) I pulled way back. This economy is wild. Germany is bailing out France, and the Euro is all over the place, the US has no direction... So after today's rally I pulled out 75% just after 2pm Eastern. I think the market will fall tomorrow.
Maybe I'll buy a bunch of moisture probes if Ed can promise me they won't change the design before i can use them all!
RE: I bailed out of the market today. - Ernesto - 08-14-2011 08:12 PM
Players on the market are such fickle people these days. What ever happened to long term?
RE: I bailed out of the market today. - CC Solutions - 08-14-2011 09:29 PM
I am a buy and hold guy, but after losing so much a couple years ago, I'd like to hang on to some money this time around... I think it's going to crash again.