November 6, 2008

Short-term Rally

Filed under: Stock Market — Justina @ 2:27 am

So Obama won a landslide victory.
Most consider it a watershed moment:
The first (half)black President of America!

I’m glad for the US Presidential Election.
It’s what spark off the short-term stock ‘emotional’ rally.
I don’t expect it to continue for long.

And of course it pays to listen to your stock broker.
Sold off some shares today.
Bought them for $4.1k, made $600+ …
Essentially, I made 15% in less than a month!

The market will fall more.
It’s really a great time for a new investor!
I’m slowly buying stocks at levels I find reasonable.
Holding out for it to tank some more before I go in again.

“Be fearful when others are greedy,
and be greedy when others are fearful.”

– Warren Buffet

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