Dow Falls 777 Points, StockRake Avoids The Meltdown
With this historic day, I’m happy to say I avoided it. In fact, I profited a little bit too. Like I said on Friday, “Seriously, my year has been phenomenal already, up near 30% while the rest of the market is down -20%+. The prudent thing for me to do is cash out and wait. I know I just posted about wanting to get long, but really, why force it?
The market will screw over the most people most of the time, but in cash it can’t screw me over at all. Unless the treasury backed money market fails..”
I’m looking for an intraday long trade tomorrow. Maybe.
If you didn’t read the comments I bought and sold DXD and SDS both for profits of 3% and 2% intraday.