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%.
10 Responses to I CAPITULATED
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
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.
ooops b- game
today’s theme: Pain (song)
Capital preservation is the name of the game, period.
Will you be like the Pope and forever live in seclusion now?
If I may ask, in all seriousness, why reduce volatility by going with higher market-cap stocks but then leverage?
He reduced legerage
Fly reduced leverage
140 to 101