- High-priced tech names are dropping steeply. I show on the charts that whether a stock is spinning profits or growing revenue with no profits, they act the same.
- I advised you to buy but in very small bites as they fall so we should welcome and buy these steep losses. Just make sure you have conviction.
- In order to strengthen your conviction, you have to put your portfolio under a magnifying glass and really understand each position.
- I am still setting aside cash and hedging to prepare for December 3rd.
For further details see:
As December 3rd Looms Closer, I Scrutinize My Stocks, And Assess What Stays And What Goes