Is anybody else getting stopped out on their stocks? I find myself liquidating more and more positions as the stop-losses are hit. I even had to unload Walmart yesterday after the downgrade. I'm sitting on more and more cash, which is probably good for this type of market.

Higher oil prices, weak retail sales (Walmart), geopolitical conflicts (Israel, Iran, N. Korea), overall weak world market ... hoo. We'll also see how the Fed decides to defend the dollar - do we let the dollar continue to fall against global currencies? Either way, I wish I had "sold in May and gone away." I'll do that next year.

Currently listening to: Phoenix - If I ever feel better
Posted by roy on July 14, 2006 at 08:32 AM in Finances | 6 Comments

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Comment posted on July 15th, 2006 at 11:42 AM
i'm almost out of all my stocks =)
except for a certain semiconductor stock that i was told "there were good things in the pipeline."
Comment posted on July 14th, 2006 at 12:29 PM
Stop-losses are for pansies. I used to think you were a man, but obviously I was wrong.

Did you study at the French Military School of Investing?
Comment posted on July 14th, 2006 at 02:09 PM
if it improves your image of me, i only stop loss the large-caps, which is like less than 10% of my portfolio. muahhaahahha
Comment posted on July 14th, 2006 at 11:44 AM
so buy into gold!
Comment posted on July 14th, 2006 at 02:07 PM
i'm heavy into gold. nearly 40% of my portfolio is tied into commodities :D
Comment posted on July 14th, 2006 at 06:25 PM
then congrats (: i wish i was holding some gold right now... what a great week.