Replies to post #52191 on Mohacsy's Safe Portfolio Member Forum

[n4807g]

Hi Elena...glad to hear you're on the mend. This is a great short article:

Valuing Bonds, Dollar Is Crazy in World Gone Mad: Mark Gilbert
http://www.bloomberg.com/apps/news?pid=20601039&sid=a_GAssrewg9I

My favorite passage:

"The combination of U.S. authorities keeping the fixed- income market on life support by buying debt, plus commercial banks filling their balance-sheet holes with top-quality government securities, makes the Treasury yield an exercise in marking-to-myth. "

It is indeed a crazy world......

[dexprs]

Good to hear from you Elena!
I just found that in the past when we had huge ups and downs in a short time frame, they reversed, mercilessly. Thus i am raising cash slowly into each nice rally. In the worst case i will have no gains or very little, but will be ready to buy.
Closed positions in WMT 51.2 2.2%, MCD 61.3 5%, CAT 57.64 79.8%, COP 51.8 18%, DD 33.34 26.2%, DE 47.93 22.8%, AA 12.86 25.2% and FDX 75.1 24.6%. All will be bought back lower and still holding other positions in all of them.

[MediAl]

Very happy to hear you are feeling better..