DPR Update – Wed, May 10th 2017

DPR Update:  Another high, so nothing to do but hold

Earl Niightingale is one of my favourites.  I once got a copy of his radio broadcasts from the 1970’s, had it in the car for months on repeat play a few years ago, wonderful stuff.  He had a real insight into what makes someone successful and his stories and anecdotes were always entertaining yet inspiring and motivating.  I have fallen away from listening to this kind of stuff, must get back to it…

Anyway, market continues to march and therefore there is nothing for me to do but hold the position.  It’s up a healthy 8.58% right now, and it is tempting to take it off the table, but as a trend trader, I must allow for an expansion of the trend no matter what my head is telling me.  So I will follow the system as per my commitment to it long term and my mantra of “Don’t think, don’t think, don’t think” 🙂

Bring on the bulls,

John