Friday, December 6, 2019

Selling Strength

"He's right, you know, I had to sell. The key to the game is your capital reserves. If you don't have enough, you can't piss in the tall weeds with the big dogs."
--Gordon Gekko (Wall Street)

Stating the obvious, the best time to sell is when prices are high. But this is easier said than done. Account values are swelling. Plus, prices could go higher yet.


That said, I'm selling strength here as markets challenge all time highs after this morning's strong job report.

Need to have some extra liquidity for projects over the next year. To obtain it, I'm happy to 'feed the ducks' during rallies like this.

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