I see some weakness developing that appears the ability to gain momentum to the downside. Although the actual signal is not solidified, erring on the safe side, it would be prudent to sell partial or half of your position. We skimmed the majority of the cream on this interim move. We believe in protecting capital first and looking for the opportunities when proven temporarily wrong. Buying decisions are much easier than making sell decisions. Often sell off trends begin after a good run like we have now and continue to move down slowly as investors buy thinking they are getting a better price and continue to buy in the daily sell-offs. They reason sooner or latter the market will turn around and most of the time they are right. We are more concerned about winning consistently and compounding our returns rather than waiting and hoping.
