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Sell in May and go away...
Old 05-04-2010, 08:14 AM   #1
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Sell in May and go away...

Im glad I sold yesterday

It's good to see oil down, I hope it keeps going that way and BP can get the mess in the Gulf straightened out...

That said I gotta get my 500 HP Jet boat ready for summer

Hopefully more can get off the government teat and get back to to working for the man
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Old 05-04-2010, 09:42 AM   #2
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Im glad I sold yesterday
Can you spell "M-a-r-k-e-t T-i-m-e-r ?

Yes, older than dirt, "richer than most" (hey, if you've got it - flaunt it)....
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Old 05-04-2010, 09:52 AM   #3
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Steve trades so often that I don't think anyone can figure out what he is doing - maybe not even he himself!

Audrey
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Old 05-04-2010, 09:56 AM   #4
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Originally Posted by Steve O View Post
Im glad I sold yesterday

It's good to see oil down, I hope it keeps going that way and BP can get the mess in the Gulf straightened out...

That said I gotta get my 500 HP Jet boat ready for summer

Hopefully more can get off the government teat and get back to to working for the man
Hmm, are you saying you sold in May so there should be more jobs now? Shoulda sold earlier, then.
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Old 05-04-2010, 10:00 AM   #5
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Yea Im sick of trading and worrying about this mess so Im taking all my marbles and going home

No unfortunately I don't see any GOOD jobs coming back anytime soon...
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Old 05-04-2010, 10:09 AM   #6
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Aww heck Vanguard Brokerage just sent me an E mail...

Unlimited free trades
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Old 05-04-2010, 10:21 AM   #7
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Yeah, "sell in May" was great advice in 2009...
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Old 05-04-2010, 10:22 AM   #8
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This is 2010
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Old 05-04-2010, 10:32 AM   #9
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Originally Posted by rescueme View Post
Can you spell "M-a-r-k-e-t T-i-m-e-r ?

Yes, older than dirt, "richer than most" (hey, if you've got it - flaunt it)....
In otherwords, " Mayday, Maday"
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Old 05-04-2010, 01:22 PM   #10
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more can get off the government teat and get back to to working for the man
Hey, I have a pretty successful career of suckling off the teat of big gov't!
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Old 05-04-2010, 06:16 PM   #11
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Old 05-04-2010, 09:55 PM   #12
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Well ya see Im kind of a novice at this whole investor-trader thing...

Im just a high school drop out that made my $$$ with my hands, and my brains

I have a core position at 20% stocks right now that would still be ahead at DOW 8150...

Yes I've done a lot of trading lately

I would have made some serious $$$ if Id just left it all alone in December and let it ride until now...

That 20% was 58% in December...

Im at 25% right now getting a serious haircut on that 5%

I did make some $$$ trading but, This is still gonna hurt...

Last year was too good to be true

So far my market timing lesson has been have a little more patience and don't be so quick to sell. Also don't let politics influence anything...

That said Im hoping BHO gives me another buy signal when this bloodbath is over like he did at 666 S$P...

The market timer In me says sell some of my 54% bond stake while the getting's good
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Old 05-04-2010, 11:00 PM   #13
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The market timer In me says sell some of my 54% bond stake while the getting's good
Follow your intuition and liquidate your bond portfolio as well.
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Old 05-05-2010, 07:18 AM   #14
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What is the 2nd verse?
After Halloween, buy all equities you can glean. ??
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Old 05-05-2010, 07:36 AM   #15
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"Buy the Fall and have a ball"
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Old 05-05-2010, 08:24 AM   #16
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"Buy the Fall and have a ball"
Cute!
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Old 05-05-2010, 08:24 AM   #17
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Hey, I have a pretty successful career of suckling off the teat of big gov't!
Is it a good thing or a bad thing?
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Old 05-05-2010, 10:00 AM   #18
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Good thing, just have to watch out for lip lock!
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Old 05-05-2010, 02:11 PM   #19
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Hate to say it, but I've seen a couple of reports urging selling before the July/August time frame. I've been selling, but I'm in the process of filling my bond ladder in anticipation of retirement in 4 years.
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Old 05-05-2010, 11:13 PM   #20
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