sold today
I must say … I was VERY proud of myself … I called the bottom within 30 minutes of it happening, a little lucky … but made some great money off of it as a result. What is even neater for me is that all my mentors were wrong, which shows my analysis is getting significantly better these days.
I actually sold a ton of stuff today for 2 reasons …
1) I’m skeptical being the last day of the quarter that we have had such a move over the past 3 days … I am fearful that tomorrow (7/1) we will have a dump. The big guys do a lot of moving their money around at this time of year to make their quarterly statements look good, and I’m sure they all want to show a positive for the month end. Whether the momentum continues tomorrow or not will be seen. I actually think it will, but …
2) Since I am going away, I want to be mostly in cash just to eliminate the stress in my head. I will be watching the market at a minimum twice a day (open and close), but since I won’t be watching it every minute … I don’t feel comfortable being fully in. probably have about 30% still in the market … all long.
