Wow, the markets have sold off mightily on Fed’s Yellen’s comments. $SPY
The pain! The pain!
Well, it’s been a nice run. We are getting closer and closer to the summer season, where stocks tend to have a correction. Especially in non-presidential election years. Last week, I thought Russia and China were the catalysts, but maybe it’s Yellen.
Or maybe not. Maybe the market rebounds before I hit submit on this blog entry. That’s the way it’s gone lately!
My longs from Thurs-Fri giving much of Mon-Tues gains back today. Shoulda-Coulda-Woulda sold! Lessons learned? Don’t blink in this market!