SPDR S&P 500 (SPY): I'm taking profits in long index positio...

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Re: BOS-MMT post# 229138

Wednesday, 03/22/2017 3:07:57 PM

Wednesday, March 22, 2017 3:07:57 PM

I'm taking profits in long index positions in my retirement by COB as I feel:

- upside may be only 2% on SPY if there is passage of a health reform bill

- downside may be 5% or more if passage doesn't occur, and the ripple effects on other legislation

Not going to be a hog on this one. wink

wink

I really meant to do this two days ago and lost 1%. My bad.

Can get back in during April....just as earnings start to unfold...and will be able to see if they are supportive or not of the bull trend.

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