"SPY SPY SPY... If SPY is in the gutter, don't buy the breakouts."
Kinda "d'oh" when you think about it, but an advise of the century for me.
Thank you Nate, you likely just saved me a ton of money.
Not to mention nerves.
Also, in retrospect, I was extremely lucky that I chose to move my $ now and was therefore forced to sit out and not participate in this market choppiness. Im afraid that have I staid in, I would have very likely given back a large % of my previous gains.
You gotta love the big lessons you dont end up paying for.
I understood this one. Now lets hope I remember it.
