Out of the Market?

["W"]

Here is how I look at something... Right now I'm in a oil stock and it hangs around 14-18dollars....52weeks...yesterday..fell to 10 52 low..... Guess what...boom..all in..why...because I don't care how much lower it goes....it will be back at 14-18 in a few months....pow pow

[ckinchen]

Originally Posted by "W"

Here is how I look at something... Right now I'm in a oil stock and it hangs around 14-18dollars....52weeks...yesterday..fell to 10 52 low..... Guess what...boom..all in..why...because I don't care how much lower it goes....it will be back at 14-18 in a few months....pow pow

I did keep one mid cap oil company that has performed well. I do not trust where our economy is headed so I'm out of everything else for now. Gold, bonds, MMKT and income producing real estate bought out of foreclosure is where I am at.