home sp

Portfolio Changes October 2008 - Stocks on Sale

I’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.


Market Flavor Portfolio Changes
Sell 4% of the QID
Add 2% to CEG
Add 2% to BG (New Position)

Click here to view the portfolio.


TrackBack

TrackBack URL for this entry: nbsp; http://www.marketflavor.com/cgi-bin/mt/mt-tb.cgi/195


Comments (2)

J.POOLE:

How long do you think the short position is good for in anything?


Market Flavor:

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.


Post a comment

(If you haven't left a comment here before, you may need to be approved by the site owner before your comment will appear. Until then, it won't appear on the entry. Thanks for waiting.)


Market Flavor Blog

This blog is brought to you by the successful Market Flavor portfolio.



Subscribe to This Blog


 Subscribe in a reader


Subscribe by email.
Enter your email address:





Recent Posts


2008 Portfolio Update
Effects of the Unemployment Rate on Stock Market Performance - A look Back to 1980
How to Find the Best Value Stocks in a Bear Market
Portfolio Changes October 2008 - Stocks on Sale
Free Access to the Successful Market Flavor Stock Portfolio
Stock market crash of 2008 – What to do
Bear Market Investment Strategy - The Bear Stearns Bailout
Stock Market Performance in 2007 - The S&P 500 vs. The Market Flavor Portfolio
Best Investments for 2008 Q1
Kiva Org - Supporting Poverty Reduction through Economic Growth

Jump to Sections


Complimentary Free Trial

Sign up for a free trial of our successful online stock market advice.
Free Trial Offer

Home | Stock Picks | Free Trial | Quick Tips Mailing List | Contact Us

Web Design by Dotgarden

Powered by MovableType