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No. of Recommendations: 15
Here is an interesting indicator:

Index YTD

DJIA 2.2%
SPX 1.7%

When the DJIA outperforms the S&P 500 and the S&P 500 outperforms the NASDAQ, the market is upside down. I've been expecting a correction for a long time, it was certain to come but the time of arrival was unpredictable. Some catalyst had to show up. Maybe it was the GME craziness that woke people up. Hard to tell.

But looking at the bigger picture, or longer picture, my 12 month return is still 46% after taking out expenses. Adding back in the expenses and the reserves it's around 75%, down from close to 100% mid February.

The important thing is NOT to have speculative positions that don't bounce back or margin that can easily break the bank.

Denny Schlesinger
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