kcowan
Give me a museum and I'll fill it. (Picasso) Give me a forum ...
It was the margin calls on gold that started the plunge as investors had to sell other stuff to cover. MF Global moved from 6% to 10% margin last week.
I was a few hairs off my AA, so I took a little off the table on May 4th. Had nothin' to do with May...just a little rebalancing.
Seems like whenever I get to sighin' and sayin', 'well...well...well' that's when I make my move.You Southern woman are trouble, and market movers. Could ya'll give us a bit of warning next time.
I sold my Small Cap index fund yesterday. It has a had a nice run up and I typically like to buy it during a downturn then sell it when the large cap's start to move higher. Today's trading is a good example where the NASDAQ is moving down and S&P up. On the next pullback I will re-allocate those funds to the Total Market fund.
My decision had nothing to do with the time of year.
It's important that investment strategies rhyme.
yep-
Buying opportunity!