? ? ?
Do you think he's figured it out yet?
Do you remember the last time I commented on how I made some short term quick money going against your prediction,
that I also said, that I took my profit and ran because I didn't trust that the rally would hold and that we might
have some more downside to go.
It looks like I was right.
I won't lie like you and for example, say that I sold all my stock at that time.
In fact, while I did lose a bit of money over the last month and a half or so on PAPER as most people did, I also raised some cash and sold
a lot of covered calls to hedge my positions as well as overweighting my portfolio with lots of stocks in the technology area which
focus on space and other technology stocks which are the wave of the future, especially so as
they are depressed at the moment, and which imo will lead the way in the future, which is the bottom line!!
As my late wealthy father often said, the key to making money in the market is to have patience and certainly not to look for instant
gratification, the latter being one of the big reason that lots of investors end up losing!!