I am probably gonna start shaving some profitable positions in my non-TI-related assets and move into USD . . . as for my MU and AITT portfolios, I'll temporary suspend my independent thinking and trust Emperor Sol.
Buy Fear, Sell Euphoria. The Neonatal Calf undergoes an agonizing birthing, while the Bear falls into hibernation.
The day following the election (?!?) I began to take profits on several TI and non-TI holdings (mainly index ETFs). With the euphoria exhibited over the weekend and comments I have heard and seen from folks I know, it's obvious the set up is in place for the next round of crowd-induced hysteria. The yo-yo of 2020 is only taking a break.
"You can observe a lot just by watching"
Yogi Berra
“The best lies always contain a grain of truth”
Joakim Palmkvist
MarkD wrote: ↑Thu Nov 12, 2020 3:53 pm
The day following the election (?!?) I began to take profits on several TI and non-TI holdings (mainly index ETFs). With the euphoria exhibited over the weekend and comments I have heard and seen from folks I know, it's obvious the set up is in place for the next round of crowd-induced hysteria. The yo-yo of 2020 is only taking a break.
Yeh, I kinda feel the same way. If I had to hazard some type of guess, I'd say there's a 40% probability that between now and Jan. 20th, there's gonna be a 10 - 20% correction in the general equity markets.
Btw, I have a lot of cracked crystal balls, but my newest one is made of plexiglass?
Buy Fear, Sell Euphoria. The Neonatal Calf undergoes an agonizing birthing, while the Bear falls into hibernation.