Jims. Thanks. My largest position - NWAU - has been the main
reason for several record portfolio highs this week. Also helping was greatly reduced exposure to poorly performing metals stocks.
Broad market looks wobbly, even on up days, recently. BUT...
My work is pointing to further rally, next week, into inauguration and likely for at least a few days afterward.
WS branch of the PPT got enormous year end bonus checks from the December rally exactly as longdong and I said it would happen, via repeated posts here between Thanksgiving and year end. As we said over and over, it was a done deal, a slam dunk or words to that effect.<g>
Now, having those big dollar signs logged and the checks going out, I've no doubt they will provide similar support around the big inaugural festivities.
Yes, this market has been very tough on the shorts.
Extra cash reserves is as far as I go. Opportunity cost is a lot less of a burden than taking portfolio losses on poorly timed short positions.
FWIW, I've not fooled with the darkside for months, than God.
Iso |
