EMC

I've been waiting to buy EMC below $10.25. Bought at $10.16. I'm continuing with bargain hunting and trading on rebounds (selling part of all of the shares then buying them back when the big discounts return, as with INTC today). This strategy reduces risk because I book profits to protect against potential future losses in the same stock (should something catastrophic hit the entire market). Tech stocks make good trading vehicles in environments like this. I'm still planning to be completely out (or as close as I'm ever completely out) of the market by the end of this month (if not earlier). I won't buy anything that isn't undervalued, based on best estimates of future cash flows, discount rates based on interest rate trends, my macroeconomic model, and risk parameters.