Markets got off to a very strong start for 2012.
Most everything was up.
I sold what amounted to 9% of my Wells Fargo. I had continued to add to Wells Fargo at lower prices this past Fall. So I sold some today at $28.40. I also placed an order to sell a bit more at $30.40. In some ways I don’t want to sell any. But it is my largest holding and perhaps it makes sense to play the volatility a bit. Also I want to raise cash for other investments now or later.
markets seem confident at the moment. Of course things can always change quickly.