trader_murf

Biggest Gainers, Losers Since 9/29

Buy and hold is bogus we are back to 1999 levels. I am down this year but far less than the averages because of watching stocks, taking profits and cutting losses. In retrospect I should have cut even more losses. The most frightening thing I am hearing in the media is just sit pat and hold, it will come back and even worse one so-called financial expert on TV advising to only looking at your 401K statements once or twice a year! I learned something from the tech crash. I am working on educating my friends who are now willing to pay attention about having some cash and at least knowing what you own and not to blindly trust so-called financial advisors.