I asked Scott Udine, money manager, what’s up? He replied,
“Just keep reminding everyone to not get complacent. A down move is coming and all must be prepared. No sense in giving back all these nice gains in a quick and sudden sell off. Use stops or hedge your portfolio.”
A simple hedge would be to sell the buy the ETF SH, which is the inverse/reverse of the S&P 500.
Notice how it goes down when the market goes up.
Other than that, please read yesterday’s column. Click here. If you get cramps, read the comments. My readers have some great ideas.
Cheap good, ThinkPad notebooks. Lenovo has an Outlet store. If you need a Windows laptop, the ThinkPad X201 this is the machine to get. Click here.
Harry Newton who didn’t play tennis or do any exercise (except shoveling snow) for three days. He played tennis for 1 1/2 hours last night and now feels intelligent, or at least less creaky.
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