While the roller-coaster of the past two weeks is not within the Top 5 best rides, the emotional side of me (surprised that I still have that) was telling me to get out. If not entirely, atleast to cut down my long positions in half.
What stopped me was the experience from late October 2009. I had gotten out of a few positions at the absolute swing low. Getting out a few days earlier or later would have made a difference of thousands.
I did pare some of my positions today; but it was limited to those that convincingly failed the underlying technical case.
Have a good weekend!
