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Mark,
May 29 12:46 pm
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All Comments by DaveW »4 Stocks in Trouble [View article]
Jury still out on this call, but, in many ways I like it as I think a pull back is possible. It seems the risk of a move higher is about equal to the risk of a move lower in ag. It's amazing how much flak you get for SELLING HIGH!? Isn't that what the disciplined investor is supposed to do? In fact you lucked out in your selling on yesterday's spike. Today, all four are down even with the street's buy pressure from the revised GDP numbers.
Also, I like that you didn't remove all four positions, just captured some gains with a ~50% reduction in each position. Seems to me like a win-win considering the sector risk. We'll see how your story ends...
Always enjoy reading your thoughts and strategic moves, thanks.