The Nikkei and a Thought for the Day, from Rocky Humbert
Turning on my Bloomberg this morning, I see that the Nikkei gained 486.2 points last night.
This reminds me that among the most difficult actions for a long-term investor is to do absolutely nothing.
It also confirms my belief that ka-chinging a tiny profit in a long-term position assures that the market will continue to move in the desired direction.
Both are platitudes for sure. But one's P&L speaks louder than poetry.