I sold all my speculative positions. Just kept my core long positions. I figured take a conservative approach. If the election results get messy the stock market probably won't like that.
WSJ said the run up today was because the market thinks the Dems are going to win the Senate and Presidency. Well I don't see that happening. I hope not anyways!
I got burned by selling AVXL at 5.81 only to watch it run up to 6.07 before close. It has been dropping into the 5.60 range a lot, so hopefully I'll get a re-entry around there. My cost was $5.10 on it, so still made a nice swing.
I sold all my speculative positions. Just kept my core long positions. I figured take a conservative approach. If the election results get messy the stock market probably won't like that.
WSJ said the run up today was because the market thinks the Dems are going to win the Senate and Presidency. Well I don't see that happening. I hope not anyways!
I got burned by selling AVXL at 5.81 only to watch it run up to 6.07 before close. It has been dropping into the 5.60 range a lot, so hopefully I'll get a re-entry around there. My cost was $5.10 on it, so still made a nice swing.
(post is archived)