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Are the Dippers on vacation ?

I thought about doing some dipping today for a small amount to clear out some cash. Instead decided to wait a see what happens on Monday. T-bill maturing soon , so which way to turn ?
Have a good weekend All, Derf

Comments

  • Patience grasshopper, patience.

    What did the band BTO sing.... baby, you ain't seen nothing yet...

  • I have one order out there, but held off on a few others to see what followthru there might be next week.

    If INTC hits 20 I might start a buy-and-ignore position.
  • Dippers? I are one. 5-day chart shows BHB lost -7.75% in that period of time. So, I bought a slug during today's major conniption fit in the markets.
  • FWIW: For the past week or so the great preponderance of financial news in the Business Section of the WSJ have been negative. Major layoffs, store closings, poor performance, failure to meet analyst expectations, bankruptcies.

    Just sayin'...
  • @Old Joe...news rags finally caught up with the real world... this has been going on for some time now... Michigan Ave in Chicago storefronts over 30 % empty...not an ideal time to be looking for gainful employment...

    Not sure what the rush would be to step into the markets... indexing flow drove markets on the way up and look out below when everyone heads to the exit

    Plus... makes me nervous when the day trading rentiers play with their calls and options from their Mommy's basement...
  • edited August 2
    "Hello, Darkness, My Old Friend"

    (Bill Fleckenstein commenting on today’s market in “The Daily Rap”) :)

    Personally, I lightened up on NSRGY (+3.5% today) and added mostly to LSST, but also to WEA and GAA. More like slow trolling for trout than dipping for trash fish. There are many different markets. Consumer staples had a good day. And most bonds rocked.
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