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BILL - Enjoy Rally But Take Some Profits; Also Proof Main St. Beating Wall St.
Bill.com Holdings Inc.
The News is Great, China Deal, Phase 1. Huzzah, Hurrah!
We broke well above the all-time highs on the S&P 500. My target was 3,150; 3,200 tops. We hit +3,176 today. Sure, we are at the end of the year, so what's the big deal? True, but the reason why I have a top in my head is for discipline. It is never a bad time to take a little profit. I am not saying "SELL EVERYTHING"; just sell something. Getting to 3,176 is evidence of an expectation of perfection. That is never good.