Post by
godman on Aug 08, 2011 10:46pm
I am out
Just to let others know my position, I am all out of all stocks as of this morning. Nothing to do with CMK management or its potential, it is the possibility of a total collapse. I have a rule, I will give up profits but not capital. Today I am even for the year, so I am out till these markets stabilise. The only thing I am holding and not selling is gold bullion. There are more important issues in the world to deal with right now, Somali drought and famine. Our problems are nothing compared to these people.
I will be back when world market conditions recover. No use trying to time the bottom. Asia getting killed right now. At least this may lower food costs so these people can eat. GLTA
Comment by
straightbull on Aug 09, 2011 7:35am
Capitulation moment or smart move? I believe it is the latter.Heroes have lower life span.