06-30-2016, 10:52 AM
(06-28-2016, 04:37 PM)divmenow Wrote:(06-28-2016, 02:42 PM)DividendGarden Wrote: Sold 1/2 position in GIS today, using the proceeds to buy NKE. I don't think I've ever done something like this before, as I generally tend to hold forever. GIS has run up so high, and it's a slow grower. NKE is a fast grower and has come down. Seems like a good trade to me.
I actually sold NKE today right before the close. But I'm looking to buy back in a bit cheaper.
Timing the market is more important than time in the market? lol That's not the saying is it
Can't say I blame you too much (and you may still get a better price eventually). Made sense given the likely weak earning report that the stock would drop...which it did...hard to predict it would recover 10% pretty much immediately haha Hard to predict short term movements. With stocks as high quality as Nike prob just better to Buy and Hold forever