talecris, csl merger stayed temporarily, page-16

Hi Pwallace,

I keep saying it and I will say it again. Trade the market you see not the one you want to see.

If you buy and hold for long term, then you need a bit of everything on your portfolio and don't touch them and hold them for a min 6~7 years hopefully end of everyyear, you may get a 15% return, year after year.

To me, I like trading it's fun, I swing trade. I look for what sector is hot and trade that sector. The reason I bought CSL, was because,

A. She has been over sold, why oversold, have a look at the RSI, last time when she was under $28 bucks, her RSI was 30pts, and now her RSI is 34pts.

B. Nothing else looks good to buy (to me anyway), I believe there is a small 200 250pts correction for our XJO is due soon, I need a place to park my money for a week or two.

Defensive stock is for defensive use as simple as that, if you see the market wants to rally, simple remember the folling line

"SWITCH and get RICH"



Just my humble opinion. Not an advice