Taking a little break
Sorry guys, but as the quarter draws to a close I have decided to take a little break to step back and reflect on where I've been and where I might go next - and ditto for the markets. It could be a break for just a few days, or it could be a few weeks or even a few months, or maybe simply for the summer. I may post on occasion, but don't get your hopes up.
I'll be reviewing and reflecting on my stock trading policy, trading velocity, etc. It is worth noting that what works well during one period will not necessarily be the optimal policy in a coming period. Agility and flexibility are essential, while complacency and over-confidence can crush you. But consistency and persistence can be your friends - or enemies - as well.
Meanwhile, the market seems poised to bounce back from its initial scare over the impending end of the Greek financial crisis. In truth, Greece has little impact on the U.S. economy or American businesses, but traders do enjoy using any excuse they can to boost market volatility.
So, bye for now. Good luck.
-- Jack Krupansky