IWM rose yet again this week, to yet another lifetime high, while my account and loss-floor are stable at -0.3%.
Euro news: Cyprus went bankrupt on Saturday. When the EU bailed them out, the people holding bank accounts got only 93¢ for every Euro they had deposited. A bank run is in progress — money kept in Cyprus is no longer safe! But it never was, and the other countries of Europe aren’t really much safer — and now everyone knows that. Perhaps the US market will go down now? Nah, too much to hope for.
|End of week allocations:
No trades this week. No positions held.