Hi Gary, Your words: "But that said, erring on the side of safety would have avoided last year's catastrophic losses, right? So it is always a good time for risk management. DO NOT give back gains. They came through hard work. You must not give them back."
I sold everything yesterday except GDXJ, a fifth of my portfolio. It's dropping like a stone though. You gave me a sense of foreboding with the above words of wisdom. Mark
Well, it is at times like these I wish I did the same and dumped out of near everything (not really). But alas, I am more portfolio manager than trader, so today I get clobbered (as expected, sooner or later) and await opportunity. Mark's goals were different and I guess NFTRH can be used to suit different people's needs. It's not for everyone, but I am glad to see it is for this gentleman who wanted nothing more than to keep his gains this time.
For Mark, the rest of NFTRH readers and myself, there is much information to go through in NFTRH62. Things are finally getting interesting in a potentially actionable way.
