In general we let issues make waves without making waves ourselves. That’s trend following. We also have what we call a hair trigger response which says a daily event like a power bar down can provoke us to exit. That’s what we are doing here — selling OTT. We may reenter, but we’ll just see what happens to this issue.
- Post author:WHC Bassetti
- Post published:January 18, 2011
- Post category:Letters
- Post comments:0 Comments