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Old 01-16-2016, 12:35am   #24
simpleman68
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Quote:
Originally Posted by Jeff '79 View Post
The market is pricing in a 1% rate increase and it's time for a breather.
Nothing goes straight up, and so far, the upward trend is still intact.
It could drop 20% from it's high but I'm good jumping back in at 15%.
I would have ridden it out longer but I made too short a call on my options.
I knew it was a risky play but used a chunk of funds we take some longs shots with.

I earned the bad call brick for this one.
Scott
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