No fundamental reason for a serious correction that I can see so I might do some value buying.
Logging in...
Anyone gonna buy this dip?
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I am doing well today with SDS calls up 48%
Overall, I keep a decent percentage of my investments in cash so I can buy at any time, while always keeping a large portion long all the time.
With CAT down over 10% from its high I am becoming interested there. (impacted by slowdown of some BRIC countries)
The recent ECYT volatility and the fact that the stock is trading close to cash value has had me buying long under $7.00 and also making a good return on short term options trades off the volatility.
I love volatility as I tend to significantly beat the market averages when things get bumpy.
With interest rate increases coming I feel the markets 8 year run is about to take a hit, but that is just my opinion.
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I'm going to keep on doing what I always do. No changes no matter what the market does. I'm not a timer. I'm an investor.Steve
* Despite the high cost of living, it remains very popular.
* Why should I pay for my daughter's education when she already knows everything?
* There are no shortcuts to anywhere worth going.
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Just doing the same...dollar cost averaging money into our Roth IRAs each month. We don't need the money for another 25 years.My other blog is Your Organized Friend.
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Originally posted by disneysteve View PostI'm going to keep on doing what I always do. No changes no matter what the market does. I'm not a timer. I'm an investor.
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Originally posted by disneysteve View PostI'm going to keep on doing what I always do. No changes no matter what the market does. I'm not a timer. I'm an investor.
I don't have any spare cash to buy anything, as I'm fully invested all the time.seek knowledge, not answers
personal finance
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Originally posted by bigdaddybus View PostThe recent ECYT volatility and the fact that the stock is trading close to cash value has had me buying long under $7.00 and also making a good return on short term options trades off the volatility.
I am in for 4000 shares at $7 so it would be exciting to see $9 or so on Monday. I am going to hold this one for awhile though because a cancer cure from EC1456 would make this a $90 stock.
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Originally posted by KTP View PostHey! Did you hear about the Endocyte ECYT news at the European oncology conference? nearly 50% OS in subset NSCLC for their weaker drug Vintafolide.
I am in for 4000 shares at $7 so it would be exciting to see $9 or so on Monday. I am going to hold this one for awhile though because a cancer cure from EC1456 would make this a $90 stock.
I am long 2000 shares between my Roth IRA and my trading account, and like you mentioned, I plan to hold those shares for awhile as I like the long term prospects. As of now, i dont have any ECYT calls to take advantage of any leap on Monday.
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