01-09-2009, 03:04 PM
Much of it is because I don't have enough money to expose myself to this level of risk. I thought DJI was showing a bottom, trending toward some stability, but the bad news just keeps coming and I'm no longer willing to bet that this is near bottom. I think Obama fever is going to wear off REALLY quick, people are going to go straight back to panic mode, more jobs will be lost. We're about to print another 800 billion in US currency to "fix" the problem, and I'm not convinced. I learned some valuable lessons in my first year of trading and only lost a couple hundred bucks. I'll regroup and maybe try later this year if we're in the clear.
Of course, maybe not. I'm seriously thinking I can make more $, with less risk, buying and selling motorcycles and textbooks. :dunno:
Remind me of this post when, with a little $ burning a hole in my pocket, I buy back into aapl in a few weeks or something. :lol:
Do NOT remind me of this post if the dow shoots to 10k next week. :oops:
Of course, maybe not. I'm seriously thinking I can make more $, with less risk, buying and selling motorcycles and textbooks. :dunno:
Remind me of this post when, with a little $ burning a hole in my pocket, I buy back into aapl in a few weeks or something. :lol:
Do NOT remind me of this post if the dow shoots to 10k next week. :oops:
The only thing that stops a bad guy with a van is a good guy with a van