Stock market

RWhisenand · 03-31-2012, 03:34 PM

Trimmed 1\3rd my position is WFC, I have a sell order on BAC I was just trading it anyway. I am a bunch of expousure to the LNG shippers and storage-regasification and I plan on keeping my long position on. I will probably enter some dry bulk shippers soon, as I close some of my finicial positions.

In general I am trimming back for the summer, but I don't think we made our highs of the year yet. JMHO.

Ashcan Bill · 03-31-2012, 03:47 PM

I still have a few equities and a smattering of funds, but for the most part I'm out of stocks. IMHO the only reason the market is where it's currently at is because the Federal Reserve keeps pushing it higher via artificially low interest rates and running the presses. If the market is strong due to true economic growth, I'm comfortable being in. If it's strong mainly due to governmental stimulation, I feel better on the sidelines.

03-31-2012, 03:34 PM	#1
RWhisenand Feeling at Home Join Date: Aug 2011 First Name: Rob Location: Nevada Posts: 798 Trading: (7)	Re: Stock market Trimmed 1\3rd my position is WFC, I have a sell order on BAC I was just trading it anyway. I am a bunch of expousure to the LNG shippers and storage-regasification and I plan on keeping my long position on. I will probably enter some dry bulk shippers soon, as I close some of my finicial positions. In general I am trimming back for the summer, but I don't think we made our highs of the year yet. JMHO. __________________ No function well beer without.

03-31-2012, 03:47 PM	#2
Ashcan Bill Ol' Dude Join Date: Oct 2008 First Name: Bill Location: Henderson, NV Posts: 1,903 Trading: (6)	Re: Stock market I still have a few equities and a smattering of funds, but for the most part I'm out of stocks. IMHO the only reason the market is where it's currently at is because the Federal Reserve keeps pushing it higher via artificially low interest rates and running the presses. If the market is strong due to true economic growth, I'm comfortable being in. If it's strong mainly due to governmental stimulation, I feel better on the sidelines.