Wednesday, December 31, 2014

New Year's Day Wager Step 1



The New Year’s Day wager has started. SPY closed down 0.99% for the day finishing at 205.54. Unfortunately, I bought it before the close in a couple of chunks with an average price of 207.30.  This points out a problem for Friday. If it goes up, the strategy says to sell at the close. But, I could still have a loss. So, what to do? We’ll see.

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