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Alias Born 11/29/2003

Re: None

Thursday, 03/31/2011 7:50:24 AM

Thursday, March 31, 2011 7:50:24 AM

Post# of 758
We've had a nice run of almost daily gains. My portfolio values have swollen. I'm feeling like a genius. Past experience has taught me that this is a dangerous state of mind. I've raised some cash, and would look to raise more in the coming days. It's not that I'm predicting a stockmarket crash, it's that I think I see complacency in the marketplace, making it vulnerable to a crash if any of many possible catalysts materialize.

The biggest factor is my own mindset. Raising cash, gives me a chance to sit back, and view the landscape, take my time to discover my next investment opportunity. If the market continues to rise, I will profit, not just as much as if I had been fully invested. But should it correct even modestly, I'll be in good position to redeploy some capital.
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