imported post
I am initiating a transfer this morning going 35% G, 30% F and 35% C which will be effective Monday 5/3/04.
I would love to just jump in with both feet and that may be the best play, I don't know, but with Greenspan talking Tuesday afternoon and the recent "sell the rally" attitude, I think I will ease in again.
The indicators are making it very tempting but Greenspan could shake things up with a .50 hike or by making no move. My thinking is to be fully invested by Wednesday morning and possibly even as early as Tuesday morning depending on what happens today and Monday.
My fear is any rally could be short lived. Did I say fear? BUY :i
In the short run we could see more damage but it should be limited. For the intermediate and longer term this is a great time to jump in if you haven't already.
I am initiating a transfer this morning going 35% G, 30% F and 35% C which will be effective Monday 5/3/04.
I would love to just jump in with both feet and that may be the best play, I don't know, but with Greenspan talking Tuesday afternoon and the recent "sell the rally" attitude, I think I will ease in again.
The indicators are making it very tempting but Greenspan could shake things up with a .50 hike or by making no move. My thinking is to be fully invested by Wednesday morning and possibly even as early as Tuesday morning depending on what happens today and Monday.
My fear is any rally could be short lived. Did I say fear? BUY :i
In the short run we could see more damage but it should be limited. For the intermediate and longer term this is a great time to jump in if you haven't already.