So why not sell it to them at higher prices? They want to pay for it.
Or do you bulls want a discount to buy it cheaper?
I sense that bulls want to buy
Started by
dcengr
, Feb 02 2009 03:28 PM
2 replies to this topic
#1
Posted 02 February 2009 - 03:28 PM
Qui custodiet ipsos custodes?
#2
Posted 02 February 2009 - 04:29 PM
Now if only the bulls would like to buy it at 850 and higher it would make the job easy for me.So why not sell it to them at higher prices? They want to pay for it.
Or do you bulls want a discount to buy it cheaper?
#3
Posted 02 February 2009 - 11:56 PM
My last buy was at near 800. The buy before that was a lucky one, right at the November low.
I will put myself on alert to buy more if 750 is broken. Every long commitment is aprox 10%
of my LT funds. So, I have 4 more potential buys coming. Also, I rarely transact more than once
a month. That is based on Bob Brinkers advice to spread purchases over several months.
It won't matter where SPX is in the next 4-6 months, I will be adding to longs, 10% at a time,
in four installments spread over 4 to 6 months.
Once my funds are fully invested, I will hibernate for 3 to 5 years before making selling decisions.
"Money cannot consistently be made trading every day or every week during the year." ~ Jesse Livermore Trading Rule










