RE:RE:RE:Mouserman and NoShirtbubba9 wrote: I am sitting on some pretty good gains and I was going to start trimming the fat but I agree with mouser, raise the stops and run to the bank with the dividends. When I see the US banks reporting good returns, I am even more inclined to slap my sell hand. Banks are the backbone of the whole economy.
When the corrections come, they usually dont give you much warning. So setting higher sell stops every few days, is never a bad plan. Once it starts to fall, the problem becomes when to buy back in. First time you get a deadcat bounce, its hard to resist buying back 10 or 15 % LOWER THAN U SELL.
I have at times played 2x bear etfs when it begins... but i tend to take profits too quickly. At any rate I will likely head more for preferreds after the election.