With the market indicating which way it wants to go, I am moving even closer to the safety of shore.
Today. June 16,2011, I cut the Oil Exploration etf by 50% and sold the entire DOD position. The proceeds of these sales were used to
purchase equal parts of CSJ – BSV – VCSH.
By now, the November 4 Portfolio, liquidated in May, would have given back $100,000 in profits. As of now, realized losses in the
Go Away Portfolio are approximately $13,000 – and will be calculated into the final result of the Go Away Portfolio at termination.
Get ready for a snap back rally on any kind of good news. But, to me this market has already shown its true color….red…..indicating
Richard Maurice Gore