TSX:TECK.A - Post by User
Comment by
pulverizeron Sep 15, 2012 12:09am
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Post# 20366414
RE: RE: RE: euphoria
RE: RE: RE: euphoria I got in at 26. I have already sold... Should have stayed in longer, but profit is profit and I was doubtful we'd get so much QE3...... I think it's re tard ed that the Fed did that, but hey, not gunna get in the way of a raging bull. I won't get back into TCK right now because it's HEAVILY over bought. I moved into other positions that are being dragged up in Euphoria but have better charts. I'll jump back into TCK once there is a nice cool down. And if not, c'est la vie. My other positions will make up what I missed.
I realize there will be a rally now for a few more weeks/months based on the QE thing, so I have been buying more stocks. I used to have a 50% cash position and now it's more like 20%. I don't want to get burned but you don't make money not taking risks. The hard part right now is finding stocks that aren't over-bought.....