When Do You Sell?

ALL THE TIME. You sell to manage risk.

If you listened to major media, you would have sold in August and never bought another stock for the rest of your life.

I have little to complain about. Other than my man boobs, receding hairline, Richard Nixon nose and my graying nose hair gone wild, life is perfect.

The stock market is much the same. Other than oil at $90/barrel, a homebuilder crash, subprime woes, a destroyed dollar, a President who struggles with english, and a parabolic China, there is not much to complain about.

Despite the ‘serious?’ worries, the only stocks I want to sell are Homebuilders, Microsoft and Sirius…short!

I want to hate the market. That would make me ‘fit in’ and be a winner at ‘cocktail parties’, but I can’t. I love all of my 40 plus stocks right now. They act like perfect children. Today only Citrix did not respect my wishes.

People continue to ask me for my favorites RIGHT NOW which is a damning situation, but you are all so supportive that I will lay it on the line.If the market starts imploding tomorrow, look for these to implode…faster. It is on your heads. In order of gut feel (my portfolio):

IBKRRICKLOGIDLBSINAADBESLWPAASORASGMSESRXGPROBBBBEMCERTSIGTNEOGSTXHNSN

The following are just so hot and fast that they are in no particular order:

qdel, auxl, aapl, bidu, goog, cmg, oih, grmn, nvt, trmb, amzn, jnpr, tasr, immr, ctxs, infa, loop, fslt, cme..I own some more that are doing well, but I need to run.

It’s amazing to see this list all in one post as I have been writing about one or two at a time for a couple years and slowly my portfolio has swelled with names.

My current dogs are Amex, Planet Out and Starbucks.

Now that I look at the list, I am FREAKED OUT to be so long. I am on margin as well. It should be noted that stocks only make up 30 plus percent of my whole portfolio right now.

Hope this helps.

Disclosure- Long all the stocks mentioned