Free Republic
Browse · Search
General/Chat
Topics · Post Article

To: GeorgiaDawg32

Profit-taking. Closes down 200+.


9 posted on 02/25/2009 5:55:32 AM PST by Crawdad (Barack Obama- Economic Arsonist)
[ Post Reply | Private Reply | To 1 | View Replies ]


To: Crawdad
Profit-taking. Closes down 200+.

Agreed. Rallies should be used as a time to unload. There is no really solid support until the 1,000 level(!!!). Take a while to get there though as it will be like these past weeks - 3 steps down, 2 steps up, 3 steps down - like an ice cube on a warm day - a slow but steady rotting away of wealth.

IMO, preservation of capital should be the ruling theme.

74 posted on 02/25/2009 9:05:29 AM PST by Oatka ("A society of sheep must in time beget a government of wolves." –Bertrand de Jouvenel)
[ Post Reply | Private Reply | To 9 | View Replies ]

Free Republic
Browse · Search
General/Chat
Topics · Post Article


FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson