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What's Up My Friends On New Years Day 13? Better To Stay In A Cash Position Now! Any Ideas?

Jan. 13, 2014 4:38 PM ET
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Seeking Alpha Analyst Since 2011

Too young to retire, but retired from the Air Force Reserves as a Nursing Officer & Gentleman! Also, retired from the Fresno VA Medical Center as a Staff RN. I am always trying to learn new things in life, and share ideas with my other financial mate friends at http://inteli-mate.webs.com and http://stockworks.webs.com --Of course, and even www.facebook.com/airforcenurse1 and www.facebook.com/inteli.mate.com has some interesting people of all various persuasions that I have talked to there too!I have served in Navy first entering at 17 years old trained in Fire Control Radar Systems, and Divisional Drug Abuse Representative on the "mothballed" USS Bronstein FF-1037 out of San Diego all the way to the Far East, and jumped into the Army Reserves from Infantryman, Medic, and LVN/LPN (359TH Combat Support Hospital. Of like the Stock Market, I jumped into my last opportunity 2003 -2005 & finished my last deployment overseas in Europe, and beyond from Medical Service Technician (2 weeks in Honduras with the 144th Medical Squadron) to a Clinical Nurse RN as an Air Force Officer attached to the Army's -- Landstuhl Regional Medical Center, Germany! The rest is history, and traded stocks, mutual funds on my time off overseas, VA, and my student days at Uppsala University, Sweden (1980-1), when I burned out in my Marketing Research job, and learned immensely from a progressive country buying my first stocks in 1981 in Skandinaviska Enskilda Banken (SAB Banken). Those Swedes fantastic people as well as my Iranian friend who became a citizen there who now has a Restaurant business in Russia! The only thing I do regret is losing touch with my friends in Sweden, Germany, and the Philippine Islands -- Don't be scared to contact me, and I do have 30 years of investing since my 20's! This is besides my Nursing & Psychology Degrees (minor in Business) from California State University, Fresno! It is called surviving the 1987 Black Monday Crash while working at the IRS (Internal Revenue Service), Dot.Com Crash of 2000-1, and the crash Great Recession Crash of 2008-2009, and living to tell about it, and I am still in the Stock Market including DAB Bank in Germany, and in and out a few times in Asian Citrus & China Index Fund 50 in Hong Kong. My newest holdings are in Cisco, Microsoft, Nokia, and Proficient Technology. Left Sirius Satelite about a year ago to my regret, but maybe I do not regret it because I believe Sirius is overvalued at this time, but did have momentum in its earnings and stock price over 8 months ago for those who bought it then and sold out for a profit two months ago! Also, I describe myself as a fiscal conservative, but a socially progressive person when come to supporting a Universal Healthcare System of some type either modeling Germany's System via the various health insurance companies that everyone is covered or a National Healthcare System like Sweden! Please note, these countries seem to be running their economies with healthcare for everyone better than the USA. I give President Obama credit coming into office trying to offer constructive solutions to solve our ongoing economic crisis, and overhauling our broken healthcare system. But, remember, investors like myself comes in all shapes, and sizes! Our mutual goals, regardless of our politics is to make money! (Some more responsibly than others, and avoid getting into schemes such as the "Maddoff crisis", and one of many "ponzi schemes" that are still going here as well "illegal insider trading", but regular people like myself just want a little "piece of the action" without being exploited by others! I consider myself open-minded socially, and try to be open-minded about the Stock Market here, and abroad! I hope to hear from you, and successful financial mate friends at http://inteli-mate.webs.com and http://stockworks.webs.com

The stock market looks like it has lost its wind today! I don't think this year to be anything like it was in 2013? Some dooms day economists who predicted the 2007-2008 stock market crash, believe it will happen again in 2014.

I totally disagree with many of these people. I surely agree there will be a 10 or 15% stock market correction due to the "Feds" reduced stimulus this year.

I just take the market cautiously at one-day-at-time. I plan on holding out now due to some "natural corrections" due to an overbought market last year. March, 2013 seems to be a good time to buy again!

Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours.

Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.

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