...And it keeps on Chuggin'

Well, the market didn't slow down - matter of fact, it took off this month. If it hadn't been for a bit of a correction with the oil prices last week, I would have harvested a bunch of cash from all the accounts. As it was, Cathy's account gave back a bunch because of HPQ having a crappy quarterly report. Her account was up largely because of a really great report from Whole Foods which caused their stock to shoot up like $10 a share. I probably would have sold 5% or more worth of stock if it had been a week earlier. Every account except Sheldon's (the only one with a sale last month) sold some off.

It's amazing, as I keep saying, as much doom-and-gloom talk as there is about the economy, how this market keeps on going. I guess that isn't so much out of the ordinary. We've had quite a few times like this in our history. The market usually is the first to react to new bad news, many times before most people guess that there's anything amiss in our economy. We've had so much crap happen, the market will probably keep going until things actually appear to get better. Most of the time, as I've seen, it's when we're fat and happy and thinking everything's rosy that we get broadsided by a big drop or a good sized bear market.

Meanwhile, I'll keep collecting cash from these rising stocks. Unfortunately, I usually sell pieces of the ones that are really doing well. It's just the way the plan goes...and those stocks won't necessarily be the ones that tank when the time comes. But it does seem to always work it's way out. Especially the way I've set up the plan for this trading method. I'm mainly talking about the Dogs plan, which includes an 'individual stock disaster' clause. I don't have that for Cathy's account, because not all of the stocks in her account pay a dividend or are part of the Dow.