Originally Posted by mikeman
OTC, I have the feeling that your not the only one in that situation, things are ugly. Are you shorting anything to try and profit on these "dips", if you can even call them that.
Nah, I'm mostly just waiting for it to bounce back like it is doing today...my time horizon is long (its all in retirement accounts) so I am not really worried.
my only trading account is my roth IRA which I mostly use to keep my asset allocation balanced against things where I don't like the offerings available to my 401k. As such, the largest holdings in the account are real estate...the TRREX fund which got hammered last week (was $20 2 weeks ago, $15 now) and AGNC (they are down for the month...but down significantly less than the market). The rest is mostly some alternative energy stuff that has shitted up recently but I am looking longer term on and some randoms (google, citi, vodafone).
The losses probably aren't so bad when you include the 401k...but we just switched providers and the new website sucks and they switched a bunch of public funds to closed investment trusts so I can't get live prices (or even get a prospectus to read...wtf)