RE:The most difficult moves are ahead.
Tempo1 wrote: Buying is the easy prt of investing.
Selling is far more tough. Nobody wants to left profits on the table.
Many options :
Waiting again ?: In the past days, many hours with only tiny transactions, SP stalling till a smal surge; but at the end of each days, we had 1$ or 2$ more. Today, we have a more steady volume. Is that last many days ahead?
What is the apex ? 75$, 78$ 80$ ? or will it pull back to 68-70$ till the summer?
Or, if we don't move, the SP would be higher at dec 31 anyway; For the long term, the risk is low; all fears has been erased by the management presentation.
it's never a bad thing to take profits , I did it when buying myself a nice toy in "22 ...Now my next toy is coming in . I decided to sell my Dow stocks instead of my bomber , a stroke of luck and the fact that the US dollar is higher was the reasons . Thankfully the toy is late in delivery so I get to ride a little more ... I don't fully trust the market so leaving some money on the table is fine by me... My long position is in RRSP so that influenced my decision also ... time in the market is better than trying to time the market ... and trading is a more acceptable form of gambling ;) ... the skies are blue my friends , enjoy the ride ... and doin't forget to rub it in to the non-believers ... we have only begun...GLTA