Seeking Alpha
  • wigit5
    Going to start watching my staple picks for nice dips $CLX, $PG, $KMB, $GE, $WFC, $AFL, $GIS, $DTE. Looking to get 100 shares of each soon
    4/4/13
    Reply (16)
    • Perkins Cove: When the market turns (when, not if), will you allow your positions to go underwater?
      4/4/13
    • wigit5: I haven't initiated positions yet, I'm waiting for a good sized pullback in the market. These are stocks I hope to hold for 5-10 years
      4/4/13
    • wigit5: but will monitor daily as I do my short term investments.
      4/4/13
    • wigit5: As for being underwater if these go underwater I won't be too concerned as these stocks over the last 20 years have general trended up
      4/4/13
    • wigit5: If the market does crash a la 2008 I'll probably double down in a lot of them
      4/4/13
    • Vinofilo: $COP, $AFL, and $BMO if they all dip another 2%
      4/4/13
    • Perkins Cove: The 4 swing traders/hold investors that were kind enough to share here on SA after the first of the year reported around a 20% gain for 2012
      4/4/13
    • Perkins Cove: While I am not one of those strategy types, I think that might be a bar for you to try to reach. Good luck. (I would not allow underwater)
      4/4/13
    • wigit5: I have a limit in mind for how underwater I'll let stocks be going forward... since I'm relatively new to investing (only have 1 year of
      4/4/13
    • wigit5: experience so far) I'm trying to figure out my strategies and adjust to find the formula that fits me.
      4/4/13
    • Perkins Cove: If a 2008 style crash did occur, would it not be better to go to cash, then buy at or near the bottom?
      4/4/13
    • wigit5: Thanks for the info though Perkins I appreciate it! Vino I have a hefty position in COP already which is up 6-8% plus divi and my PSX <3
      4/4/13
    • Perkins Cove: I hope you will be one of those souls in integrity that does report your results for 2013 in Jan.2014. And again, I sincerely wish you luck
      4/4/13
    • wigit5: I'm pretty open about my investments although I've stuck to just commenting on articles mostly. I'll post my buys when they happen though.
      4/4/13
    • wigit5: If I could predict the crash yes going to cash would be obvious.. but I'm keeping about 20% of my investment funds in cash at the moment in
      4/4/13
    • wigit5: anticipation of a pullback (not necessarily a crash).
      4/4/13