Why did I sit out going short this weekend? Therein lies a useful tale about charts, caution, time value, risk and every other financial term you can conjure up.
Oh, don’t get me wrong! I’m not going bullish, or anything outright stupid like that. It’s just a gut feeling about “pre-holiday rallies” which (gotten wrong) can be expensive.
On the other hand, at least one subscriber (with a better track record that me!) was considering a weekend short, so it’s a close-enough call it’s absolutely worth talking about.
Sure, sure, a few headlines first, but the whole point of Peoplenomics is to live the best lives we can, and putting our money to work for us, is one aspect, for sure.
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