To be completely clear and direct: I do not know when I will cash out. It may be this week…it may be in a few weeks. We will hang on as long as we can! I confess, I am a skeptical individual…lessons learned from 2008. However it takes a pretty decent signal to actually have me run over and click “sell”. My suspicion is that we will just gradually start to see more and more positions be pushed out of stops. But time will tell.
The point of the post: seeing trash stocks (terrible fundamentals, bad earnings, bad cash flow, etc) and trash meme cryptos taking off…usually mark the end, at a very minimum of a local leg…if not a larger one. We respect local drops because the big ones always original from a local drop.
Please note, I cut DASH 0.00%↑ for a 7.8% profit. (update at 8:37 AM CST)
As always if you have questions, ping me in the chat. Have a great Tuesday!
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