Reduced Risk, Locked In Some Gains
From Short Takes
November 30, 2012 - 4:17pm
We took some profits in technology stocks today by reducing our stake in QQQ. The short-term risk-reward profile for the markets is cloudy. We prefer to lock in some gains when QQQ is up (we sold when it was in the black) rather than during a pullback/mini-panic.
After the Sunday talk shows, the [...]
Continue reading this article »
Share This Article: