10-05-2013, 10:51 AM
I'm a little late to this discussion but I'll throw in my 2 cents worth.
I'm going to sit tight for now because it kinda feels like we're in "no man's land", and there's several things on the horizon that might cause some problems. We'll see how earnings season goes but I'll bet it's more of the same....beat on the earnings but stagnant or declining revenue.
I have 16% cash and wouldn't mind 25% but I don't want to take any profits right here. A couple of new buys I made in July - August (TGT, WEC) haven't done well either. I plan to add to these so no biggie but I should have had a little more patience. So I'm making myself stand in the corner for a while.
The only new stocks I'm looking at seriously are AMGN, BAX, CLX, O and POM. I'm not feeling it for KO either, but I have my eye on it.
I'm going to sit tight for now because it kinda feels like we're in "no man's land", and there's several things on the horizon that might cause some problems. We'll see how earnings season goes but I'll bet it's more of the same....beat on the earnings but stagnant or declining revenue.
I have 16% cash and wouldn't mind 25% but I don't want to take any profits right here. A couple of new buys I made in July - August (TGT, WEC) haven't done well either. I plan to add to these so no biggie but I should have had a little more patience. So I'm making myself stand in the corner for a while.
The only new stocks I'm looking at seriously are AMGN, BAX, CLX, O and POM. I'm not feeling it for KO either, but I have my eye on it.