Sorry, was late for my appointment to make more money to invest. Otherwise known as work.

Yes, yesterday would have been more perfect for AUY, but i'll settle for bringing our cost
basis down by 50 cents per share. The upgrade this morning helped me decide it was done
going down? This helped fill out a long term basic position for gold in our portfolio. AUY
seems like it can do the job for now.

Sears is a longer term bet too. On Monday BAC was up and SHLD was down. So, wanting a
larger position in Sears it seemed like the thing to do. Hopefully there's not much down
side risk, but like i said it's a long term bet.

First full weekend off in nearly 2 months, what will i do? Oh ya, yard work... ;-) Later -
s

I did end up buying more EDU. Raised my price a bit, but my cost basis is still more than
10% below the 52 week high achieved earlier this week. The stock is up on high volume.

I was gonna buy some more EDU, but it took off right out of the shoot. Still have my limit
order up, but I don't know if it will come down to it. You should have bought some AUY
yesterday to get a better discount. Still a good move tho.

PS - I sold BAC first thing today.

Hazy - Sold our BAC on Monday for much the same reason. Very little upside till a rate
cut. Bought some more SHLD with it. Bought some more AUY this morning too. Good luck... -
s

Definate buying opportunity. Think I might have to sell BAC since a rate cut is off the
table and I'd like to free up some more cash. I went on a small shopping spree yesterday
and it will likely continue today. ;o)

May 10 was a bigger down day (-1.4%) for the S&P 500 index SPX and it is ancient memory
10 trading days later.

Last edited on: 05-24-2007 11:54 pm

Markets go up and markets go down. That's part of the natural scheme of it. What you
have to figure out is where you want to jump in and where you want to sit on the
sidelines. Everyone's risk tolerance is different no matter who is saying what. You must
make your own decisions. ............... That's what makes it interesting.

I don't think Cramer said to rest. Didn't he recommend some Dow stocks on the show this
PM? Nobody has a lock on the market. Its constantly in flux. We watch him and he says
buy or sell and then the next day or in a time frame, things change and his opinion
changes. That's why we have to take responsibility. You can't make Cramer responsible.
Take his advice or leave it. Almost every pundit has a different opinion. Nobody knows
for sure. The market can change on a dime. That is why it is so hard to make $, and easy
to lose. It certainly is not for the faint of heart. Also, I have recently heard a lot
of pundits saying the exact opposite recently. That the market won't rise that much by
the end of the year. It's hard and I understand your frustration. This is the nature
of the market. Every day is a new chance for an ulcer.

Varnett: "JUST WHEN Cramer et al started telling everyone to dive it? (sic)" I assume you
meant, "dive in." I know I heard Cramer predict a DJIA of 16500 or so at the beginning of
the year, so I'm not sure your characterization is fair. Besides, I watched both his Stop
Trading segment and Mad Money and I took his comments to mean that he thinks the market is
going higher, just not in a straight line, which makes a lot of sense to me.

I have to say I'm perplexed; yesterday Cramer was all BUY, BUY, BUY and today it's time to
rest. So overnight the market changed? Is that it?

The pundits have just this week started saying the "retail" investor was not in the market
yet, that the "retail" investor is just starting to step in so get ready for new highs.
Poor slobs start stepping in and they get slammed. Sure, long-term investors shouldn't
blink at today's set-back and it does present a dip-buying opportunity, but some
technicals are definitely breaking down JUST WHEN Cramer et al started telling everyone to
dive it. Odd or were the big boys looking for buyers to sell to?