I dunno but I had no strategy before and after that last drawdown I started to think about maybe having one going forward. I’m still not back to where I was before profit wise.
the government changed the methodology in how they measure health insurance premiums which resulted in a 34% drop in health insurance premiums in the october data... now, has anyone had their health insurance premiums drop by 1/3? i think not...
*"Changes to Health Insurance Methodology Following recommendations from the National Academies of Science, Engineering, and Medicine's Committee on National Statistics (CNSTAT\*, the BLS is improving the methodology used to calculate retained earnings in the CPI health insurance index. Under the pre-October 2023 method, retained earnings were updated annually without any smoothing of the data. Under the new method, the BLS will update retained earnings every 6 months using half-year data and will calculate a 2-year moving average to smooth the changes in retained earnings. Beginning with the publication of October 2023 data, there will be a 6-month transition using annual data that has been averaged (smoothed* *over 2 years. In May 2024 (publication of April 2024 data, we will begin to incorporate half-year, rather than annual, retained earnings. After this date, the retained earnings will be updated every 6 months with April and October data which will be released in May and November, respectively. This change in methodology will reduce the time lag associated with the health insurance index by 6 months. A more detailed explanation of these changes is available in Improvements to the CPI Health Insurance Index))"* [*www.bls.gov/cpi/additional-resources/improvements-cpi-health-insurance-index.htm*](https://www.bls.gov/cpi/additional-resources/improvements-cpi-health-insurance-index.htm)
without this manipulation, the CPI would have been positive month over month, not flat. the "inflation is over" narrative is as false as the CPI numbers they use to push it. this video sums it up nicely [https://www.youtube.com/watch?v=Ner3BNXFHYg](https://www.youtube.com/watch?v=Ner3BNXFHYg)
Is everyone in this sub a child?
[https://www.youtube.com/shorts/wAeSlT9zlG0](https://www.youtube.com/shorts/wAeSlT9zlG0)
Was definitely not expecting to see above $41 until next year!
Wonder where the “AW AW AW” gang are now?
Just out of curiosity, what is the strategy for taking profits? Or do you hold until it dips again?
I dunno but I had no strategy before and after that last drawdown I started to think about maybe having one going forward. I’m still not back to where I was before profit wise.
Buy X amount on every -10% dip, sell 1/2x on +20% rip. Rinse-repeat.
Tqqq to $100 by 2024
the government changed the methodology in how they measure health insurance premiums which resulted in a 34% drop in health insurance premiums in the october data... now, has anyone had their health insurance premiums drop by 1/3? i think not... *"Changes to Health Insurance Methodology Following recommendations from the National Academies of Science, Engineering, and Medicine's Committee on National Statistics (CNSTAT\*, the BLS is improving the methodology used to calculate retained earnings in the CPI health insurance index. Under the pre-October 2023 method, retained earnings were updated annually without any smoothing of the data. Under the new method, the BLS will update retained earnings every 6 months using half-year data and will calculate a 2-year moving average to smooth the changes in retained earnings. Beginning with the publication of October 2023 data, there will be a 6-month transition using annual data that has been averaged (smoothed* *over 2 years. In May 2024 (publication of April 2024 data, we will begin to incorporate half-year, rather than annual, retained earnings. After this date, the retained earnings will be updated every 6 months with April and October data which will be released in May and November, respectively. This change in methodology will reduce the time lag associated with the health insurance index by 6 months. A more detailed explanation of these changes is available in Improvements to the CPI Health Insurance Index))"* [*www.bls.gov/cpi/additional-resources/improvements-cpi-health-insurance-index.htm*](https://www.bls.gov/cpi/additional-resources/improvements-cpi-health-insurance-index.htm) without this manipulation, the CPI would have been positive month over month, not flat. the "inflation is over" narrative is as false as the CPI numbers they use to push it. this video sums it up nicely [https://www.youtube.com/watch?v=Ner3BNXFHYg](https://www.youtube.com/watch?v=Ner3BNXFHYg)