01-29-2022, 09:43 AM
Hey Ray,
That's how I do it as well. There are usually opportunities to touch up the port some earlyish in the downturn. I see little need to ride something down that was low conviction before the correction arrived. If you wait too long, you end up bailing near the bottom so the money needs a solid place to go.
I'd like to think I am done with major adjustments a week ago. I thought 2022 would be tough, but until yesterday we had a record setting bad January.
That's how I do it as well. There are usually opportunities to touch up the port some earlyish in the downturn. I see little need to ride something down that was low conviction before the correction arrived. If you wait too long, you end up bailing near the bottom so the money needs a solid place to go.
I'd like to think I am done with major adjustments a week ago. I thought 2022 would be tough, but until yesterday we had a record setting bad January.