Mohacsy's Safe Portfolio Member Forum

[cgavin5]

I'm about 25% cash at this point. Due to selling at profit on the way down. I won't jump in until I see clarity. I may nibble but not throw everything in like I did with AMZN and IBM. That yielded very good short term results.

Now for me is to take stock of my positioning and look towards selling losers once they move up more towards their purchase price. Though many are still dividend payers, I'm not reinvesting dividends. If I were looking longer term with these stocks I would reinvest, but I'm still accumulating cash. Call me a dinosaur. I'm not comfortable with some of these and I'll work on losses as time moves along. Taking less of a stock loss is my focus now. Not cost averaging, not throwing in with the masses on a dubious upswing.

I see the upswing and recognize the stimulus that it resulted from. But am still very wary about buying for the longer term. I know "Don't fight the fed" That's the clarion call right now. I'll sit and wait for things to become more clear and over time watch more and more of my holdings turn green.