Thursday, October 22, 2009

Portfolio Update: In All Cash

If you've read my previous posts, you will know that I was Bearish on V, and was prognosticating that it was pulling back. Unfortunately, every attempt to pull back was refused by the market and on Wednesday, the market faked me out and caused my Sell-To-Close order on V to be triggered. That being said, I am now in all cash and in the red just a little deeper thanks to that last trade.

I am currently looking over my the market for anything that looks good. Unfortunately, today the future looks cloudy for this prognosticator. So, "when in doubt, stay out." That is my opinion, you can take it or leave it.

Disclaimer: See bottom of page. http://investorsopinion.blogspot.com

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