Thursday, March 01, 2007

Buy ACTIX Capital Value Fund

I move some IRA money today into the American Century Capital Value Fund.

As always, my posts are not a recommendation to buy or sell.

A rough open this morning, followed by buying. The bottom is probably not quite in yet, however, I always tell folks that virtually no one buys at the bottom. Internet traders that don't trade real money do it all the time, often posting after the low and high of the day is printed out.

In real life, calling bottom or top, is generally not a profitable game. The traders with that kind of style often use tight stops and make six trades to catch one real bottom.

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