The ^DJI closed at 12,657 on Friday, July 8. On Monday, July 1, if it is headed up on “consensus optimism”, I will sell $2000 of my FAMRX. If it passes +100 points = 12,757, I will sell $4000. If it hits 12,900, I will sell $8000. If it approaches 13,000, I will sell $16,000. I am doing this because I think it will make at least one correction below 12,000 before the end of the year. At some point, I will start buying down. If/when it drops to 12,200, I will buy $2000 FAGIX.. If/when it approaches 12,100, I will buy $4000 FAGIX. If/when it hits 12,000, I buy $8000. As it approaches 11,900, I buy $16,000. After selling, I sit with cash and wait for the buying opportunity.
Sunday, January 29, 2012
Monday, July 11. I am employing a strategy: selling double-up in order get cash and to be able to buy double-down.
Monday,
July 11. I am employing a strategy:
selling double-up in order get cash and to be able to buy double-down.
The ^DJI closed at 12,657 on Friday, July 8. On Monday, July 1, if it is headed up on “consensus optimism”, I will sell $2000 of my FAMRX. If it passes +100 points = 12,757, I will sell $4000. If it hits 12,900, I will sell $8000. If it approaches 13,000, I will sell $16,000. I am doing this because I think it will make at least one correction below 12,000 before the end of the year. At some point, I will start buying down. If/when it drops to 12,200, I will buy $2000 FAGIX.. If/when it approaches 12,100, I will buy $4000 FAGIX. If/when it hits 12,000, I buy $8000. As it approaches 11,900, I buy $16,000. After selling, I sit with cash and wait for the buying opportunity.
The ^DJI closed at 12,657 on Friday, July 8. On Monday, July 1, if it is headed up on “consensus optimism”, I will sell $2000 of my FAMRX. If it passes +100 points = 12,757, I will sell $4000. If it hits 12,900, I will sell $8000. If it approaches 13,000, I will sell $16,000. I am doing this because I think it will make at least one correction below 12,000 before the end of the year. At some point, I will start buying down. If/when it drops to 12,200, I will buy $2000 FAGIX.. If/when it approaches 12,100, I will buy $4000 FAGIX. If/when it hits 12,000, I buy $8000. As it approaches 11,900, I buy $16,000. After selling, I sit with cash and wait for the buying opportunity.
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