A Clarification …

Posted on Jun 22 2016 - 4:19pm by Sharpe Trade

“Every clarification breeds new questions.” – Arthur Bloch

So a few days we discussed the referendum of Britain, to leave the European Union. And my associated aggravation.

Let me clarify a few things …

(Video Included. If you’re seeing this entry elsewhere and cannot play the video? Click this link to go to the exact video entry …)

4 Comments so far. Feel free to join this conversation.

  1. newlife June 22, 2016 at 8:40 pm - Reply

    Since i’m not a member of your current service i don’t want to even ask about specifics out of respect for your clients, but i am a bit curious about your repositioning with more cash.

    You’d mentioned selling out of a few positions in one of your free public projects, but are you talking like less than 10% cash or have you even more significantly gone to cash recently?

    As i mentioned in another comment,i put out some gtc orders the other day to hedge against longer term etfs in case of major volatility tomorrow, but I’m already close to 50% cash at the moment.

    • Dan June 23, 2016 at 12:00 am - Reply

      Hey man, always good to hear from you.

      Well, look at Monday’s entry. And look at the cash amounts in what we used to call “C3D”, and now, we just refer to the exact same thing as this Sharpe Income project. But it’s the exact same thing, that we ran then. We’re just running it forward, the same process.

      So that cash had been building up in the background, if you look at how the cash was split up. We ‘rebalanced’ ONLY the capital gains strategy. PLUS, after we booked that gain profitably? Then, we added more cash to it. The income assets (MDT, IBM, AXP, CL, UNP, MSFT, WFC) I keep all of them. But the ” ” ” capital gains assets ” ” ” I rebalanced, and then … I added more cash to.

      Look at the positioning of those ‘capital gains assets’ as well. You may see something familiar there.



      • newlife June 23, 2016 at 11:00 pm - Reply

        I see what you’ve got set up there. You had a 33 going on but sold out of SPY totally.

        Today it is more clear to me than ever why you hate these political events. Reading forums and streams of seemingly non-involved market participants and opinion givers is driving me nuts.

        • Dan June 24, 2016 at 1:00 am - Reply

          Wow man.

          This is some HISTORIC stuff …

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