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S&P 500
5,482.87
(
0.09%
)
US TECH 100
19,304.80
(
0.47%
)
Dow Jones
39,164.06
(
0.09%
)
Brent Oil
85.55
(
0.15%
)
Bitcoin
62,044.74
(
0.70%
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techcharter

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techcharter

Re: None

Monday, 10/27/2008 9:27:12 PM

Monday, October 27, 2008 9:27:12 PM

Post# of 51804
I made my plan Sunday night, and stuck to it.

If the market futures looked horrible this morning, then I would transfer my $$$ from my brokerage to my bank; else I would wait for a 5 to 8% rally before buying TWM.

I took my marbles out of the sandbox. Even if I'm right about the market going much lower, I would also be right about the increased risks of being unable to cash out. My losses over the last 10 years are about $50K, which I consider a bargain for all I've learned about the market. I'll play defense for now and paper trade to keep my skills sharp for my return to the market.

The markets are in crash mode. The circuit breakers are about to be tested.
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