Remember the panics and how to profit from them

It’s Friday. And it’s the last trading day of the year. And we’re going to close out the year at just about the exact same levels we started the year at.

Aren’t you glad you didn’t panic when Greece blew up. Or when Greece blew up. Or when Italy blew up. Or when Greece blew up.  Or when Spain blew up. Or when Italy blew up. Or when Spain blew up. Or when the commercial real estate collapse hit. Or when the Republicans and Democrats couldn’t agree to a budget debt ceiling? Or when the tragic nuclear reactor hit Japan? Or when Greece blew up?

Let’s remember how the markets and the mainstream media panicked repeatedly about each and every one of those events. And how scary and real some of that fear was for you too as those events were happening in real-time. And let’s continue to see past such noise and to use the volatility that such fears (and subsequent relief) brings to the market to our advantage.

That’s it for today. I’m shorting some PNC common, but just a tiny bit for now as I get started on this position and we move into the new year.

Thanks for subscribing to TradingWithCody.com and happy new year.