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Trade Findings and Adjustments 02-21-2019

Trade Findings and Adjustments 02-21-2019

Well Crap !!!! Our markets are down on good news?!?!?!?!!

LAST Night the futures were up 100points on the DOW and 256ish on the S&P 500

SO if none of the economic reports, headline news, stock news is more important than the China Deal what do you do?

Do you start Adjusting?  NO

Do start liquidating? NO

Do you start panicking? YES but you don’t start trading

SIT and wait, Give it a day

Take a breather – Nail your hands to the chair

What ultimately makes this decision to wait come down to one thing = How much have you lost today

Yesterday I made the decision to purchase a bull call spread and thought it was a good buy at $5.50 per contracts

As I look at positions during day I am comparing how the total portfolio value = 83 accounts are fareing compared to the S&P500

I am looking at dollar cost averaging BECAUSE I believe, think and Hope that this is a one day blip

www.hurleyinvestments.com                     www.myhurleyinvestment.com                    www.KevinMhurley.com

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