The 3SOF portfolio is mostly cash right now.. as I'm sure many of you have noticed. We are looking to begin adding plays when the market tells us to. For now we are in the summer doldrums and so it is possible the market will be directionless. Lets not force any plays but also be prepared to get aggressive if the market(or a specific group) does give us a signal.
I hope everyone is keeping their spirits up, enjoying the World Cup ;) and prepared to have a great 2nd half of the year! :)
Quote from: eliteG on June 20, 2006, 02:14:18 AM
The 3SOF portfolio is mostly cash right now.. as I'm sure many of you have noticed. We are looking to begin adding plays when the market tells us to. For now we are in the summer doldrums and so it is possible the market will be directionless. Lets not force any plays but also be prepared to get aggressive if the market(or a specific group) does give us a signal.
I hope everyone is keeping their spirits up, enjoying the World Cup ;) and prepared to have a great 2nd half of the year! :)
Agree with this assessment of the market EliteG 1
I am also sitting on lot's of cash at this time ...... 8)
Kicked back enjoying the World Cup....... ;)
Have a great day my friend!
just enjoying the fans from the tournament
>:D >:D >:D >:D >:D
Oliver
part 2 :)
I have been also sitting in cash very much since the start of the decline at the beginning of May. I am glad I did to protect the capital. Since then I did a couple of trades that looked with momentum for a quick profit. That is pretty much it. nothing very excited. :-\
I paper traded last month some picks I thought they would make it, man, I would be in the red right now if done for real. It seems to be a risky time for longs and shorts. Hopefully we'll get the signal soon to start moving in the direction of the trend. ;D
Rafael
p.s. Thanks G for the note.
La-onda, Applaud that Post Of Beauty..... :P