I CAPITULATED Wed Feb 20, 2013 3:16pm 10 I am going to live out the rest of my day in shame. To eliminate leverage and reduce risk, respecting market forced beyond my control, I sold out of MOS,GS and MTW–bring equity exposure down to 101%. Tweet 10 Responses to “I CAPITULATED” anectotal February 20, 2013 at 3:27 pm I had a few dollars to invest today. My plan, buy some pm mining stock calls, some pm mining stocks or some physical metal. The calls could be the biggest winner (or loser) I wanted something beyond Jan 14, but didn’t see it. Forget the calls. The pm stocks would be better, but I was near the coin / metals establishment so I opted for that. visited my local anectotal February 20, 2013 at 3:29 pm At the shop, I said, hey I heard everything was on sale. I thought the place would be packed. He said business was steady all morning. Buyers, the regulars and new ones. anecdotal February 20, 2013 at 3:32 pm ooops b- game that’s anecdotal anecdotal February 20, 2013 at 3:42 pm today’s theme: Pain (song) http://www.youtube.com/watch?v=gr8JhnjPHJ8 flyaway18 February 20, 2013 at 3:29 pm Capital preservation is the name of the game, period. Vertigo February 20, 2013 at 3:43 pm Eggs Ackly Berniecornfeld February 20, 2013 at 3:40 pm Will you be like the Pope and forever live in seclusion now? Mr. President February 20, 2013 at 3:53 pm If I may ask, in all seriousness, why reduce volatility by going with higher market-cap stocks but then leverage? anecdotal February 20, 2013 at 4:28 pm He reduced legerage anecdotal February 20, 2013 at 4:29 pm J*** C** Fly reduced leverage 140 to 101 Comments are closed.