Yes but all my magic indicators have now gone south, who cares buy buy buy. Now if we close down near 13200 I may get scared. But the odds of that happening are nil.
Time to take some profits? It would be nice if we ever got even a 5% correction to reload rather than panic. I actually got a partial fill today and bought 200/500 SDS at 52.95. I guess I better enjoy it for the brief moment until the S&P blasts to a new alltime high. Also sold GE today at 37.50, and CAT a little early at 73.60. Just lightening up a bit.
"dont feel bad. in the end its just a zero sum game anyway . " in the case of equities, that is false. not a zero sum game
SDS, not bad if you time it right, could bounce back to 54-55, I own some now, looking to sell at 55-56 and go long into SSO ahead of the s&p breaking out to record highs.