 |
|
|
 |
 |
|
 |
|
|
|
|
 |
|
|
|
|
|
|||||||||
|
|
|
|||||||||||
Portfolio Changes October 2008 - Stocks on SaleI’ve been debating over the last couple days if now is a good time to start buying stocks. Its starting to look like the bottom is near and values are very attractive but the stock market still has a lot of risk left and more downside potential. With that said, I think some small changes need to be made to the portfolio as no one can time the bottom of the stock market. The portfolio is currently very conservative with a large position in cash and the QID (Ultra Short NASDAQ 100). Now that we are in the depths of this down turn we are going to start selling off the QID and putting the extra cash to work. This will start repositioning the portfolio to take advantage of the great valuations that can be found in the stock market. These are scary times and a hard time to buy stocks. But it’s also the time to take advantage of stocks that are on sale. The stock market will recover sooner or later and buy in now will provide a great reward in the long run.
Click here to view the portfolio. |
|
See All SPY PredictionsRead About the Model
Results are from the close of 4/20/09 through 9/18/09 with two weeks pulled out starting on 6/6/09 while I was on vacation.
Recent PostsOctober 9th Update S&P 500 Stock Prediction for October 8th S&P 500 Stock Predition for October 7th S&P 500 Stock Prediction for October 6th S&P 500 Stock Prediction for October 5th S&P 500 Stock Prediction for October 2nd S&P 500 Prediction for October 1st S&P 500 Stock Prediction for September 30th S&P 500 Stock Prediction for September 29th S&P 500 Stock Prediction for September 28th |
|
|||||||||
|
|
|
|||||||||||
|
|
 |
|
|
Powered by MovableType |
|
Comments (2)
How long do you think the short position is good for in anything?
Posted by J.POOLE | October 25, 2008 6:40 PM
Great question, especially considering the current state of the economy. I feel that we are nearing the bottom of this dip and it's best to start selling the QID now as it’s been up 101% since I added it to the portfolio. There is no way to time to bottom and I'd prefer the have the QID position unloaded before the market bottoms.
Posted by Market Flavor | October 26, 2008 1:29 PM