Checking the markets this morning, I see the DOW is up 63 points. The thought occurs to me, has this market (or at least investors) been drinking? It just seems like a lot of gains in recent days… I certainly welcome the gains but I also know that markets don’t go up in straight lines, at least not for long.
I have had an order in for quite a while to trim Toll Brothers if it hit $35.50. That got hit this morning so I was trimmed there, but only by 6% of what I owned.
I am somewhat inclined to trim other positions except that my holdings are concentrated in stocks that I like…