Board members...I am not a pumper nor am I a dumper...! The history of the markets show that September and October is usually the worst months for the markets (even in a good year)...! I always try to be a long term dividend player.....however, at this time, I am now holding only four stocks (ARR, AGNC, CIM, and SFL)...! Almost always, I try to hold ten good dividend paying stocks....but if an investor never takes a profit an investor may never make a profit...! I do not have a crystal ball but I do not see any reason for a run up in the markets until about the end of the year...! My opinion, smart investors will look for good entry points to lock in high dividend paying holdings going forward into 2011...! That said, over the next sixty days we should see some really great entry points...!
A-date...You may be right...most of the time we get a Santa Claus Rally at the end of the year...! However, if the Bush Tax Cuts are not extended into 2011 we could see a major sell-off in the markets at the end of the year...! My opinion, is that investors (that have profits) may want to beat the increase in Capital Gain Tax...and then buy the same holdings back into 2011...! Just something to think about..!