I should have gotten out. Should have seen this coming. :-(
Bill....no man is an island. I told all of my friends to bail last May.
If Eurozone financial eruptions of the recent past are any guide, you might have a little flight to safety rally into which you can sell. It’s not necessarily going to be bad for US holdings in the very near term.
All that scared money has to land somewhere, and we’ve benefitted twice from just this effect since 2008. If it drives the dollar up as well, and it has in the recent past, there could be an opportunity to exit into another currency with a little cushion, too.
In times od Euro panic, we appear to suck less and therefore benefit, weird as it sounds.
When the stocks reached 5 year highs last week you knew the “Dump” part of “Pump and Dump” was coming soon