An important anniversary occurred over the weekend, for the S&P 500
The S&P 500 hit an all-time high on 10/9/2007, three years later the 500 index remains over 20% lower!
Is this bad or frustrating news? If investors are over-weighted towards a strategy that is based upon “Buy, Hold & Hope” I suspect so.
If you have been a viewer of dshort.com or www.kimblechartingsolutions.com since the first of March, you know that I’ve illustrated many times that opportunities and solutions continue to exist.
In my opinion, opportunities have never been greater, regardless of the direction of the economy!!!
Check out the “POCKET CHANGE” link (see here), to view gains created by this blog over the last few weeks or go to www.dshort.com, and type in “Kimble Pocket Change” into the search box to see numerous profit-making posts since the first of March.
Thanks for your methods of ‘Pocket Change’ and ‘Harvesting’. In the past i have been too optimistic and held on only to see nice gains disappear. Recently i have been tightening stops and taking more partial profits.
Is it more profitable and less risky to harvest and jump back in if stocks continue to break out through resistance?