search instagram arrow-down

Sold EGO for an Eleven Percent Gain

In restrospect I should have held it for another day, but rules are rules and a wild swing in the opposite direction could have erased all of my gains. My trading account is now 100% cash and I remain cautiously bearish. I think Apple set the tone for things to come. Bonds are also pointing to liquidity concerns and that’s never a good a thing for stocks, making buying at these levels an extremely risky proposition.

Leave a Reply
Your email address will not be published. Required fields are marked *

Fill in your details below or click an icon to log in: Logo

You are commenting using your account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

%d bloggers like this: