Lately, I had been doing well with overnight profits in big ETF positions. I blew it with TBT, though, because I closed out two big positions yesterday for no good reason. Shame on me!
I wrote up TBT in this post yesterday, and I established two big long positions in two separate accounts. I closed both of them out, both at a profit, but that was just plain stupid. Some folks have expressed concern about TBT in the past, and I let those voices in my head take hold of me instead of coolly following the chart. It's up over 2% today, and I really wish I was still a holder. Hats off to those of you who bought this yesterday and are still long.