I probably did buy some from you, but I believe your ITIC sales to be exposure-reduction moves providing both profit and the opportunity to re-enter should the price fall--hard to go wrong there. My appetite for risk may be a bit excessive.
That's how I'm betting. Still, *looking* at low prices won't hurt you, it's *selling* at low prices that causes the pain. If you're disciplined you'll probably be fine.
But I see some poor earnings coming in the ole crystal ball. I think most normal people will run for the exit, and maybe re-enter when earnings have stabilized. Then we might see a good entry point at $20 or $25 or something like that. I'd hate to miss it.
I sold some NTZ from a few retirement accounts at about 11 before the upward drift but still have over 20k shares. Italy doesn't seem to care that shares are in a retirement account when withholding from dividends (imagine that!), so I finally wised up and decided that NTZ shares don't really belong in retirement accounts.
I find it interesting that the homebuilders went up probably 1,000% to 2,000% each and now the market shows its concern for homebuilding by driving down the stocks of the building materials and furniture stocks rather than the homebuilders themselves. I guess "momentum" counts for a lot on Wall Street.