Selling Out; Stocks Up Over 10 Percent
Filed in archive Investing by Justin McHenry on April 23, 2007

. However, I did keep a more modest sum in the account and determined that I was going to find and stick with a system to see if I could find a winning formula. My main goal was to take the emotion out of it.So far I have. And while I won't go into the specifics of my secret formula that has netted me a 10% gain already this year, I'll tell you that's it a not-very-exciting take on the "buy low, sell high" advice that any old financial guru has been telling anyone willing to listen for a hundred years.
For me, it meant that this year I was completely out of the market when the February mini-crash came and I bought during the crash. This week: selling out. I've made nice gains, the market's at all-time highs. I'm ready to wait for the next downswing. And what I'm finally realizing after years of being really bad at this is that there's always a downswing.
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