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S&P 500
5,267.84
(
-0.74%
)
US TECH 100
18,150.00
(
-0.43%
)
Dow Jones
39,065.26
(
-1.53%
)
Brent Oil
81.18
(
-0.16%
)
Bitcoin
67,441.14
(
-0.71%
)
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gilead23

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gilead23

Re: stanu78 post# 395

Friday, 11/20/2009 11:12:42 AM

Friday, November 20, 2009 11:12:42 AM

Post# of 481
I am near 50% cash

I am cautious about the market as a whole but the reason I am largely in cash is because I don't see opportunities that are compelling enough to deploy that money. I didn't target 50% its just what happened as a side effect of the valuation environment.

The lesson I learned from 2008 is to not stretch for things to buy. I'll be back in with more cash as soon as I see very attractive opportunities.

When posting on VMC boards all postings should have a symbol in the header and if foreign please post both US and Foreign symbols.

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