Interim Market Update May 11, 2021`

[SOL]

looking at how you invested, You are in no way investing like Cathie Woods. You have take larger positions in some plays, but that is not akin to Cathie Woods, who has taken massive bites like TSLA, etc.

If the stocks are good stocks and one has some firepower than one should not be afraid. The overall trend of the market is up. Equalzing one's portfolio is best done when the markets resume their uptrends. If I were in a similar position and I liked the stocks I got into I would look to equalize after the present corrective wave runs its course. The masses usually sell when the market is dropping and this only exacerbates the selling over the short term.

Once you get used to our system and understand it backwards then you can play around with the lots and invest up to 2 lots in a position if you know what you are doing though generally 1 1/2 lots should be the maximum. But do this only when discipline and patience are your best friends.

I will be posting some notes here and then a copy of it in the passcode section of our website on when it is the best time to use margin (for those that use it) and when its the best time to take on more risk as in deploying larger lots or larger amounts into a given play. This is not the recommended course of action but if one is going to take on more risk one should do so when the odds on are in one's favour.

[Centeron631]

Thanks Sol . An idea for an article "Sol's Never Ever List".

[Yodean]

@Sol:

1) I believe this may be some type of typo., but from my end the MDD ETF (SPDR S&P International Mid-Cap) appears to have ceased trading in 2016.

2) The July 7th/2021 issue of Market Update is erroneously labeled as "June 7, 2021." Have you been playing around with your time machine again?

[SOL]

Thanks Sol . An idea for an article "Sol's Never Ever List".

A good idea/suggestion and this might be included in the next update or in an update before the middle of August.

In general, view investing as you treat your body that is if you value good health above everything else, if you do then investing is quite simple. Don't buy during times of danger or uncertainty, but when the fools panic and you will do fine over the long run.

investing should be fun and not stress and that is the only reason I like the markets because the experts make it look complex but it is not if one follows simple common-sense rules.