When you get hands wrapped around the exit latch, and can rid yourself of a position in the market that is a like a cancer to your portfolio, why doesn’t one do it? I’ve pondered this question quite a bit. Probably because on August 15th, when the S&P was sitting at 1204, I had gone from being on my knees in prayer needing divine intervention in this mess of a position that I had, to all of a sudden being in the driver’s seat on these calls, and that one more surge higher would not only rescue me from my current plight, but would probably result in greater gains than anything I had ever experienced before considering my exposure in those calls.
Stocks
