Tuesday, August 15, 2017 4:01:26 PM
I've been in ALDW pretty much all the way since IPO. I'm sitting on $60K right now in gains but intraday late last week had it briefly above $100K. Times change, we have to change with them or be lost.
This is the perfect time to take the market downturn and put it to advantage. When I sense there's been a bottoming effect, I'll be adding new units at reduced rates. It's painful watching your advantage dissipate but at least those precipitous drops spell opportunity, too. So I'm watching for the perfect moment that will have me converging on market opportunity and I'll get all I can. From that point forward it's a wait and watch game. And I'm not about to flinch as I'm in this for the long haul.
When we're confident we understand how the world works, it's much easier to swallow the waves without drowning. Nobody ever said it would be easy but I know one thing for certain: If I close my eyes real tight and focus on January of 2018, I'd bet my long deceased grandma's gold tooth that all this dust and grit in the air will have dissipated and I'll be staring into a larger pile of profits than I can see now.
Today is not the end of anything we can benefit from by seeing. But it could be the beginning of something really valuable if we have the backbone to accept that there's no guiderails securing the future. My $60K in gains didn't come from today or last week or last month. The profit has come about as a result of months of planning, committing cash without guarantees and a bundle of nerves and conviction. And so it is now as I build towards early 20128. It's not really long to wait for meaningful results.
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