THIS BLOG RATES THE S&P 500 BUY/SELL/OR HOLD EACH DAY WITH 2-GOALS FOR LONG TERM INVESTMENTS: (1) PRESERVE CAPITAL (2) BEAT THE S&P 500.
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Tuesday, February 2, 2016
Closing Short Position
I am closing my 2x-short position since large up-days (like
today) often are followed by a down day. Further, the markets may be headed for
another try at a bounce so I’ll take a 3% profit rather than hold on to risk.