Flat Times

A couple of stocks in Cathy's account have me concerned about the way I set her account up. Sony and HP are both breaking through support to the down side, and I don't really have a solid rule for when to bail on a stock with her stuff. That's the great thing about the DOGS plan - if a stock doesn't have all the criteria, boom! your out! Both stocks are still paying a dividend, but even that isn't a criteria for Cathy. Her account just is relying on if the stock is a socially-responsible company. With my two sons' accounts, I know each company HAS to pay a dividend. That's a pretty good rule right there. If a company gets into real trouble, often the dividend is the first to go.

This market is getting into another one of it's flat times. In fact, it's looking like it really wants to go lower. Could be the election hangover. It could also be getting ready for the next step up. Don't know, don't care. We have cash to buy more if it does a larger correction.