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MRM MRM is offline
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Join Date: Aug 2000
Location: Palm Beach, Florida, USA
Posts: 7,713
Well, certainly don't keep it in the stock market. After making a rather impressive gain early last week, and after getting paranoid that the market was going to crash, I pulled my money out of the market. I had it all in TCB, a local bank.

I sold on Monday or Tuesday at a little over $19. I bought at $17.90 and $12.90, so I thought I had the market beat. The next day the stock lost a full dollar, and I was feeling like a genius. That day I watched Citibank (C) go down to 13, and I almost threw everything there, but with all the doom and gloom and everyone saying Citibank was going to go bankrupt, I thought that waiting a while would be a better idea. So with my cash on the sideline Citi closed Friday at over $20 after hitting $21 or so during the day. At least TCB only closed at $23.50 after hitting a high of $28 during the day. But hey, at least my money is safe, right?
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MRM 1994 Carrera
Old 09-20-2008, 11:31 AM
  Pelican Parts Catalog | Tech Articles | Promos & Specials    Reply With Quote #23 (permalink)