Quote:
Originally Posted by birdmanx1
Made some good money on FNMA today, I went ahead and sold all 4400 shares. I was tempted to buy AAPl, glad I didn't. Everything looks so overvalued in the market. I'll sit and wait for what makes sense to make a move next. Maybe go b*lls out if there is a decent pullback with FNMA and hold for short term. In the meanwhile, the $40k in my brokerage will just sit till there is good opportunity.
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I've thought the whole market has been overvalued all year, but it keeps on creeping on up. I'd love to see a 5-10% pullback. It would make me feel better about the whole thing.