When the Fed speaks, people panic. I did not want to ride HCP down to the basement so I Iiquidated all of my shares at 52.46. I like HCP so I am now considering re-establishing a position, but smaller, below 46 $/sh. I will add more if it drops below 40 (its 52 week low). Any thoughts on this?
Yes - don't catch a falling knife ;) I had similar thoughts but have held off and will continue to do so. If I were to get back in anytime soon I'd probably start with about 25% of my target position and build from there.