I didn’t wake up this morning planning to do a thing, but over the course of the first couple of trading hours today, I have done a MAJOR SHIFT. It was signaled rather strongly when I wrote this:
(more…)Although there’s hardly a single instance of profit-taking this year that I have not regretted, I have been taking some profits today. I am down to 28 bearish positions in my main account, and I am at 30% cash, which is higher than it’s been in a very long time. Again, I’ve been just straight-up stupid with my profit-taking in 2022, but I wanted to at least make plain I’ve taken the foot off the gas pedal some with the hope (perhaps misplaced) of better entry prices to get aggressive again.