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Re: inversor86 post# 913

Friday, 01/20/2017 9:50:02 AM

Friday, January 20, 2017 9:50:02 AM

Post# of 1057
That afterhours burst in SWKS is very welcome here as virtually all my stocks continue to slowly drift lower along with the S&P 500. The Trump rally boosted some beaten down groups like finance and I don't have any of those.

Have you noticed that your old DLTH is suffering, but it's still a standout among retail stocks.

Everyone was caught off-guard with the big Trump spirt, and everyone's thinking a correction is way overdue especially with interest rates staying low. A key element in my (and Buffett's) investment philosophy is the belief that market swings can't be predicted, so I'll mostly hold.

Many IHUB boards are dead lately as many IHUBers are no doubt expecting a decline. You see a lot of talk about that. And another key element in my philosophy is my belief that IHUBers rarely get anything right. It's quite normal to have a "hunch" that stocks are due to fall. But you know what I think of hunches! They're wrong about 53% of the time. Of course, that means they're right 47% of the time!

Only time I sell is for tax reasons or if a stock position has grown too large. I really should trim a bit from one stock. Also it's in an account using a full service broker and I'm trying to reduce its size.

off to work today...

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