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  • Economic Outlook, Current Conditions and Investment Strategy [View article]
    Yeh wasn't expecting the rally to continue, but my strategy isn't one that incorporates day trading. I was actually pleased with today's action as my largest position >22% reached a 52-week high, and is up over 4 fold in 12 months. After the Dow crossed 12k on the way down after a brief rally, I took the same approach (selling calls and going short the market indices, which worked out well).

    -I'd rather make 80 cents on the dollar if the market continues to rally than lose 1 for 1.


    On Nov 09 07:42 PM Kimball Corson wrote:

    > Have you heard the maxim the trend is your friend. Fight it and die.
    > You must have been clubbed today.
    Nov 09 20:33 pm |Rating: 0 0 |Link to Comment
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