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Re: Smilin_B post# 10909

Wednesday, 05/11/2016 8:25:02 AM

Wednesday, May 11, 2016 8:25:02 AM

Post# of 13692
Agreed - if it follows GDP's path a 10-50% loss could occur at the worst (depending on the speed of your departure) I'm willing to take that risk as we wait for news. I faired well with GDP but I really had to watch the announcements and read between the lines as it progressed - they called for a 95% conversion rate and extended multiple time but on the second last extension only converted about 65% - I bailed at that point. Moral of the story... read the announcements thoroughly - it's not rocket science.

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