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Anyone getting back in?

Old 03-16-2009, 05:00 AM
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Default Anyone getting back in?

Nice little run last week and the overseas markets look like they are still going.

Anyone ready to jump back in?
Old 03-16-2009, 05:13 AM
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Slowly and cautiously.
Old 03-16-2009, 05:15 AM
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I took a nibble late last week. Will see what the market does this week, and will probably bite off some more.

Bernake stated the economy may see a recovery this late year, or early 2010 (not that anyone knows for sure). So if the market is forward looking, we might start seeing a recovery.

I'm starting to see more positive articles out of the press, rather than all the doom/gloom of late.
Old 03-16-2009, 05:21 AM
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Emc, pfe, ge, ati
Old 03-16-2009, 07:00 AM
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Most folks I know and believe are getting in with some day trading and many seem to thing buy long and hold days are gone forever - I don't know if this is good for the economy or our 401ks. I am actually doing the same - only trade days when I am not working and don't use any pre-set orders. I can't imagine all this speculation can be good in the long run - but we'll see.
You know this last month all the Obama team seemed very pessimestic and took a lot of crap in the press. So the last 2 days everyone is smiling and giving upbeat forecasts - like Bernake - Submitted for what its worth - Is suspect they have no freegin idea and are crossing their fingers hoping the psychology changes. :-)

Last edited by LI Sound Grunt; 03-16-2009 at 07:03 AM.
Old 03-16-2009, 07:03 AM
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I'm using trailing stops regularly now. The days of losing 5% in one day won't happen again
Old 03-16-2009, 07:50 AM
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Never left it.

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