January Holdings Update

With a close on Friday somewhere north of $56 per share, a majority of my DRN shares were assigned over the weekend.

The market uptrend has encountered some selling pressure over the past few weeks (i.e. distribution days). So generally speaking, now is not the time to be entering into big positions.

However, DRN’s price action has remained strong; according to my trading system DRN is still in an uptrend.

What to do, what to do. The good news is that asset prices may finally be returning to their normal, “uncorrelated” selves (http://www.ritholtz.com/blog/2011/01/there-goes-the-neighborhood-correlation/).


About T. Knight
Blogging about my journey to financial independence via investing for cashflow.

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