About a month ago I asked if it was the right time to get into the market. I got in with some speculative plays and made myself a tidy little sum 
but now I'm starting to see some signs that I really don't like. My investments are pretty diversified, I've got some long haulers for bear markets, some dividend plays that seem to pay out in good and bad times despite the fact that the stock price itself doesn't do much. But are companies that have had big run ups like Monsanto simply overplayed? They may have more room to grow, I'm not trying to call a "top" but I do have to wonder if maybe some of the gains of the past month are not going to be wiped out over the upcoming short term.
Thoughts?
Are you cashing in some of your high flyers or sticking with them (or some of each)?
I'm starting to sell and re-trench. The high flyers are the first one's I'm going to dump. I've made a good buck, I'm pulling out of some and looking for safer havens. Next on my list is the previously mentioned Monsanto, I sold a nice chunk at $131 early last week. Looking to let another 500 shares go at $129.50 and another block go if it reaches $130.50. Honestly it would not surprise me if the stock goes up to $135, $140 or even $150+. But I think its going to run out of steam and pull back VERY HARD at some point. I got rid of Siemens for the very same reason, it was a great stock while I owned it, ran up very very nicely but I see that it will be losing steam over the long haul so I picked up my bat, my ball and my mitt and walked away from that one.
The thing that bothers me is that many of these stocks that I think are running out of steam are long haul holdings that have been rock solid. Now it seems they are some of the greatest risks to hold.
PS, I always wished we could figure out how to play a stock picking game here on the FORUMSFORUMS and never managed to come up with a way to do it. I know I'd have taken some major bruises, but also scored a few knockouts. I'm always looking to learn more (and bruise less).
but now I'm starting to see some signs that I really don't like. My investments are pretty diversified, I've got some long haulers for bear markets, some dividend plays that seem to pay out in good and bad times despite the fact that the stock price itself doesn't do much. But are companies that have had big run ups like Monsanto simply overplayed? They may have more room to grow, I'm not trying to call a "top" but I do have to wonder if maybe some of the gains of the past month are not going to be wiped out over the upcoming short term.Thoughts?
Are you cashing in some of your high flyers or sticking with them (or some of each)?
I'm starting to sell and re-trench. The high flyers are the first one's I'm going to dump. I've made a good buck, I'm pulling out of some and looking for safer havens. Next on my list is the previously mentioned Monsanto, I sold a nice chunk at $131 early last week. Looking to let another 500 shares go at $129.50 and another block go if it reaches $130.50. Honestly it would not surprise me if the stock goes up to $135, $140 or even $150+. But I think its going to run out of steam and pull back VERY HARD at some point. I got rid of Siemens for the very same reason, it was a great stock while I owned it, ran up very very nicely but I see that it will be losing steam over the long haul so I picked up my bat, my ball and my mitt and walked away from that one.
The thing that bothers me is that many of these stocks that I think are running out of steam are long haul holdings that have been rock solid. Now it seems they are some of the greatest risks to hold.
PS, I always wished we could figure out how to play a stock picking game here on the FORUMSFORUMS and never managed to come up with a way to do it. I know I'd have taken some major bruises, but also scored a few knockouts. I'm always looking to learn more (and bruise less).
