Taking profits: October 29th, 2008
October 29, 2008 – 10:17 amI ended up taking profits in four positions about 30 minutes after the open when the dow was up about 70. I was quite surprised the dow actually somehow opened up in the green but has since then retreated back into the red. A 900 point move is too large to left unnoticed. I moved Conoco Phillips, Verizon, Freeport Mcmoran and Schlumberger, all for gains.
One Response to “Taking profits: October 29th, 2008”
was just a small follow up i still see a sell off coming too big of a jump for people in the red all month not to take any profits it will be insane if the dow closes in the green area
By john on Oct 29, 2008