I dislike the current market environment, I find it too easy to get emotional and move in and out a lot. I finished one year down 12% doing that, should have had my head on stronger.
I took a look at 401K choices, nearly everything stock based is trading near the moving averages and has the 50 day trading below the 200 day. That to me means stay on the sidelines and wait for a better trend to develop. The one that looks better than the rest is TRREX, chart with the post. I will wait until it gets above an old high near 17.02 to jump the gun much. It is tough to understand how commercial real estate is doing well??? Perhaps I need to research top holdings. All three bond fund choices are doing well, it would be nice to have been in them instead of cash equivalents. I will likely wait and see how the next month plays out for equities to decide if I jump into them. I think my 401K service is only letting me do one trade per quarter, I should have done this a week ago.
Sunday, September 5, 2010
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