Wednesday, February 25, 2009 12:58:45 AM
Hi everyone, good to see you all. I read the board almost daily but don't post much anymore since I lost my shirt here and don't feel I should. Still long (little choice at this point imo). This was the worst investment I've made, but I was smart enough to use only money I could afford. Still think the future here will be good. On the bright side, I was also smart (lucky) enough to smell danger coming in the broader market a good while back and moved all my real retirement money into govt. securities. Hope at least some of you did the same. Made about 4% on that last year, while the market lost almost 50%. I wonder what you guys think as far as calling a bottom on the broader markets. Yes, I do know that's the trillion dollar question. But I, like probably most everyone else, want to get some of my retirement money back into stocks at these low levels, but I don't really want to do so and see it drop another 2000 points. I don't mind missing the exact bottom and a few points, just don't want to be left completely behind either. Any thoughts? TA guys? FA guys? It will be good to chat with some of you again.
Mystic Krewe
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