Buy and Sell Signals, and Other Market Perspectives Message Board

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Strategies & Market Trends : Buy and Sell Signals, and Other Market Perspectives

SPY 691.72

-0.1%

Jan 16 4:00 PM EST

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To: yard_man who wrote (188405)	7/25/2023 3:01:59 PM
From: GROUND ZERO™	Read Replies (1) of 221925

Okay, I've been long a huge amount of XOP and of ERX, I just sold out 1/2 of my long positions and will let the rest of it run freely, I expect to see new all time highs eventually, but I held so many and I don't want to give anything back and it finally looks like they may now be a bit overdone, so ringing the selling bell for these babies seems prudent right now... If they continue higher, I'm still very happy since I'm still hold a hefty amount of both... Why be greedy in an overbought market like that??? So, we'll see... Either way, I'm happy... GZ

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