Yup, that's me today as I obey the Krypto Fund trading rules. A few months ago after a beefer-induced dip in stock prices, I put on the first 1/2 of a "Buy low, Sell High" trade in US stocks in Krypto Fund's US stock position. Futures prices this AM indicate the market should open up over 1200 for the S&P 500. That's the target so I'm doing the "Sell High" now, at the open.
I'm bullish, but I like to be heavy when prices are low and light at they reach intermediate term highs. Then I ride the new wave up until it's time to cut back more. S&P 1200 has been by break point level for awhile and at that level I want to simply have normal US stock allocations. This dictates today's significant sale.
Krypto Fund is up over 11% year to date, which is fine performance, stomping on many, many overpaid beefer managers. They are mostly scam artists, anyway. Good doggie, Krypto, here's your fee - a tasty dog biscuit.
Word of the Day
"Weal" - noun [$10]
Weal means (I) welfare, prosperity, good fortune; (II - alt. usage) a raised or reddened area of skin usu. accompanied by itching.
Sentence: Why worry about investing for retirement? One should simply listen to the machine, i. e., Krypto's machine, to keep one's retirement balances in wondrous weal without anxiety. Obey the machine ....