The last week we had a good rally and my portfolio is up pretty good from where it was.
I added 25% into VTI and QQQ and made gains in both.
Now I'm thinking of “quitting while i'm ahead” as my father used to say!
50/50 i think is a good trade off for this environment.
Tom Lee says he sees us hitting 4400 next month and maybe so but I can still make gains with the 50% in the market.
The 50% cash will be added when “opportunities arise” either in certain stocks I hold or a broad index.
For example if we fall in the next couple weeks to 3600 or so I'll put risk on in QQQ again.
I think 3990 is a good high point to cut back.
Yes we may overshoot to 4200 or above but I'd rather have a good chunk of change to throw at a fall to 3500.
These are very exciting and risky times.
Let's all wish each other luck!
We're all in this together!
Good luck all!
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