Going Back Into Stocks ... (trading, commissions, buying, capital gains)

[sheri257]

After being out of the market since August, 2007 ... I'm taking the plunge back into the market today.

I think this is the bottom. Only time will tell if I'm right or not ...

[zman0]

I would not get in today. Futures and foreign trading suggest that we're in for a major slump.

[sheri257]

Originally Posted by zman0

I would not get in today. Futures and foreign trading suggest that we're in for a major slump.

Works for me ... buy cheaper.

[CouponJack]

I moved most of my portfolio out of equities in early October. I couldn't handle the volatility. I recently moved back into a 60/40 split (I actually bought cheaper than early Oct).


I learned a lesson on how much tolerance I have. Since I have such a long time till retirement, I feel I'm in a great position now over the long term....

[HappyTexan]

Nope..not going in. From what I've read we are on wave 4 of a 5 wave elliot cycle..maybe wave 5 will get us to "bottom".

If you jump in Sheri..do it only for the short term and be ready to get out again when it starts to fall apart.

[goodbyehollywood]

I'm locking in capital gains, then I'm out. I think we have new lows coming, lower than I had previously thought. I'm thinking of shorting at some point.

[HappyTexan]

Originally Posted by sheri257

After being out of the market since August, 2007 ... I'm taking the plunge back into the market today.

I think this is the bottom. Only time will tell if I'm right or not ...

I hope you've reconsidered..Service Sector is down big time and Labor statistics due out Friday are dismal with many private sector employers laying off people.

There is no good news out there to indicate bottom.

[Oildog]

I dont think its bad to creep in, I expect some more volatility in the next 6 months but there are values out there for the long term.

[zman0]

Originally Posted by Oildog

I dont think its bad to creep in, I expect some more volatility in the next 6 months but there are values out there for the long term.

Perspective certainly changes when you look long term.

I started buying in a few weeks ago, and even with today's downturn, I am slightly ahead of the game (although if I sold off, trade commissions would wipe that out ). I'm in the 10+ year plan, so I'm not watching the stocks too closely (except I'm looking for more opportunity to buy).

[FarNorthDallas]

I'm still waiting. Thinking January maybe.