Thursday, August 11, 2011

Sold Some Defensive Sector Holdings Today

Our Swiss Franc ETF (FXF) was stopped out today.


I also sold our gold ETF (GLD)  and our 10 year treasury ETF (IEF) today. They are currently slipping after reaching over bought levels. These type of parabolic gains are unsustainable. I am sure we will revisit these great investments again before long. I just might add that no one ever lost money taking a profit.






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