All in. Time to sit back and watch...
I realized that it's just as hard sitting back and watching all-in and all-out.
I'm currently sitting in 85% stocks and 15% cash/cash equivalents... off to some traveling so hopefully the European meltdown fun and gloom doesn't take off before I get back
I'm currently sitting in 85% stocks and 15% cash/cash equivalents... off to some traveling so hopefully the European meltdown fun and gloom doesn't take off before I get back
My current holdings:
AAPL
AXP
DNDN
DODFX
RMBS
RTN
Russell 2000
PTTRX
V
S&P 500 Index
What is your position on DNDN? Did you get in on the first huge dip to ~11, or the second one when it hit ~6? Do you think they will ever be profitable, or are you waiting for a quick bump and sale?
think he's expecting a resurrection given the holiday we're in. for dndn and rmbs, both of which azurik had an irrational emotional attachment to and more than likely still does!
What a mother effing joke... Right up to the point Greece agreed to its next bailout, everyone was crying "omfg, this is not the end, the rest of Europe and Greece will still default!!!".
Well, 2 or 3 months later, a phat 20-30% rally in many blue-chip/big company stocks, and we're back to "uncertainty about Europe sent the market down for third day straight".
FML.
bah! i'm in the exact same boat as you are ... have been sitting on cash waiting for the imminent drop, unfortunately looks like i'm the idiot still waiting we'll see how much it drops.
Here's hoping! Just haven't had time to do the week-trading (catching blips up, selling before down) I use to - not like that worked out. Tell you the truth, week-trading is draining and very involving, and I'm getting a bit tired.
I remember people told me that about AMD...how I had an irrational attachment to it...lol +76% from where I bought it at initially. But then again, AMD *is* making money...I'll have to look at DNDN's and RMBS' data to see if they're undervalued or if they're just going to be zombies that get possessed by the rally ghost (kind of like what happened with OCZ on Friday). I get the impression Azurik is a smart guy, so if he's holding, he does have a plan.