The job numbers that came out this morning were better than expected and the market rallied on the news. S&P touched 1018 today which is very close to my target of 1020. If you used margin to buy stocks, it is very important to sell some here and take the profit. If you didn't use margin then sell the worst-performing stocks and take some cash off the table. We could go higer from here but even if we go higher the market will come and re-test 1020. My guess is that we will get to 940-950 and to 1100.
Just don't be too greedy and take what the market gives you.
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