I went back to G today. I was going to do it yesterday but I took the gamble and waited until today. I thought about risking it another day, but decided to quit being greedy and locked in the already nice return. I had been hanging out in G for a couple weeks waiting for the next drop, and Brexit came at a great time. I went 50/50 C/I when the SPX dropped to the 2060s. My account did pretty well the last few weeks.
I'll be a little disappointing if the SPX continues to rise tomorrow but today, I'm happy with my decision to play it a little safe.
On Tue, Jul 12, 2016 at 8:56 PM, esolo100@hotmail.com [TSP_Strategy] <TSP_Strategy@yahoogroups.com> wrote:
You know hindsight's always 20/20; the thing could've easily plunged further (anybody who says they knew it'd rebound so quickly is lying) after you'd gotten in and you'd be kicking yourself for not waiting. The poetic thing about all of this is that there's always another entry point. I have to laugh... those of us that stayed in equities are now wondering when to get out! It never ends- it's all a comedy.
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Posted by: Mike VanAmburgh <mjv325@gmail.com>
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