Re: Working Mousetraps
Hi Tom. Congrats on taking advantage of the one hour 'Silly Season' on Thursday. Interesting but understandable that you got a few Sells on bonds. I know they don't come around very often, so I guess 'when opportunity knocks'...
Look at my previous post to see how my Thursday turned out.
Of course this correction has pulled GIEW -5.7% for the month, but still +9.5% YTD and way ahead of the market indices (Dow, S&P and Nasdaq are all down year to date, and the Wil5k is only +0.5%).
Cash @ 31.6% after the 8 Buys so far this month, so I still have some dry powder should this situation continue. Of course 30 day rule is now in effect (unless another huge drop convinces me otherwise on selected holdings).
Best Regards, Steve (The Grabber)