New PP Position- Is my Timing Bad?

[Gumby]

I only see about a 1.5% difference in the PP between the "peak" (on April 28) and yesterday's close. Not exactly a life-changing difference, but I'm glad you're feeling more comfortable about purchasing your PP. Welcome aboard.

[MediumTex]

I am glad I waited and did not buy at the peak.  When not 1 but 2 asset classes are at a peak that is a sign for patience.  Plan to join the club tomorrow andp hoping for further weakness

Heather,

Does this mean that you are putting additional funds into you PP, or is this your friend's account?

[hrux]

I am glad I waited and did not buy at the peak.  When not 1 but 2 asset classes are at a peak that is a sign for patience.  Plan to join the club tomorrow andp hoping for further weakness

Heather,

Does this mean that you are putting additional funds into you PP, or is this your friend's account?

FYI- This is for my friend's account.  My personal account has a very minor position in the PP with the majority still with my advisor and the varying strategies previously disclosed.  I still believe in the merits of strategy diversification versus going "all in" to the PP.

[hrux]

I am glad I waited and did not buy at the peak.  When not 1 but 2 asset classes are at a peak that is a sign for patience. 

Which two asset classes are at their peak?

To clarify at the time of my consideration both gold and stocks were at their 52 week highs (stocks were not at their all time high).

[AdamA]

I am glad I waited and did not buy at the peak.  When not 1 but 2 asset classes are at a peak that is a sign for patience. 

Which two asset classes are at their peak?

So you predict gold and stocks have peaked?



To clarify at the time of my consideration both gold and stocks were at their 52 week highs (stocks were not at their all time high).