Replies to post #23980 on Fiends In Stocks

[DeepBlue1]

I already got stopped out on both my stocks albeit with a very nice gain on both.

My overall plan is to first play this bear market rally which I seem to have concluded already...LOL

Second will be a move into silver which I'm going to go look at now and probably buy in with my profits.

Lastly, I'm going into the divy stocks with the next low which I still think is coming in the weeks ahead and that's where I'll stay along with silver for the forseeable future.

I believe you're absolutely right about quality equities vs crap equities. This is going to be a mega weeding-out process and the market will come out the other side of this MUCH STRONGER, with BETTER OVERSIGHT, and MORE REALISTIC RULES and EXPECTATIONS....all of which makes a great strong divy stock IMO the ultimate endgame for the longer term...ie several years.

[DeepBlue1]

Watching silver now...moving lower. I think money is now coming out to try to catch what's left of this rally which is fading much quicker than I thought it would or would have liked. They're not thinking about the inflation forces at work or the official inflation numbers coming out later this week which, even if not fully reflective of the most recent liquidity moves will bring the subject to the forefront...which should be just as shocking as the coming reality.

My mission now is to balance the moves in the divy stocks vs silver and try to pick a good time to enter silver and then later divy stocks who's low is yet to come IMO.

I'll be looking for the market to test that 7700 mark again, and eventually start to consolidate and build a solid base somewhere near or below that level.

That's when I'll be looking for a long term position in the divys that look like they're sustainable and have the most solid long term track record of paying.