Hi 12%,
After I posted question to Birch, I read you reply above, and it seemed almost as a confirmation for what I posed. So I'm curious, for your response too, re: coming earnings (as I've been a watcher and learner from you as well).
Q: Can't we expect, in general, that weak/poor/uncertain earnings are largely already factored in for what's coming out as Q3 market earnings? I'm trying to get some percentages of my account funds "in-place" for Q4, so this is why I have this question. I'm beginning to think that, while we should certainly still expect some surprises as Q4 begins, that most surprises would be on the upside (again, in general of course).
Given current volatility, I stiil have a good reserve in G, so I am expecting (and hoping) for a few "downside" surprises. Seeking your thoughts on my strategy? [tactics are adaptable].
VR