Gingerly Wading Back into Financials [View article]
Say what you want about my analysis, but the fact is despite buying all these positions at the open Tuesday morning, I am currently profitable on 5 of the 7 trades with an average return across the entire group of 2.5%. During that same time period the Dow has dropped 1.2%. My only job is to make money for my clients, not offer cynical views. Like it or not, I am on the right side of this trade.
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Say what you want about my analysis, but the fact is despite buying all these positions at the open Tuesday morning, I am currently profitable on 5 of the 7 trades with an average return across the entire group of 2.5%. During that same time period the Dow has dropped 1.2%. My only job is to make money for my clients, not offer cynical views. Like it or not, I am on the right side of this trade.
Jan 21 15:46 pm
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