Be cautious following his timing and use your own system
Pete's call for 190 on the Spy by the end of Jan 2014: Looks like you missed the boat on this one. You had a nice run last year, but failed to see everybody was waiting for this one. Can't have everybody on the same side of the trade.
What was it last Wed when he instructed readers: "If you aren't long, then buy calls now." 184.5 held that day and then broke down the next day. Anybody following that advice would still be underwater.
Pete's commentary is useful for general market ideas, but please use your own system for determining entry and exit points.
Again, nice run last year when the market hit 30%. 2014 is proving to be more of a challenge for you.
This review is the subjective opinion of an Investimonials member and not of Investimonials LLC
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