For newer readers, please note that whenever I close a position, it typically continues in a direction that would have been good for me about 100% of the time. So ignore everything I’m about to say.
- I believe we have plenty more downside this year;
- At the same time, the profits I’ve accrued from August 17 to present have been embarrassing;
- Just now, I trimmed from 37 positions down to a mere 30;
- Every single position of the 37 was profitable, some in triple-digits;
- I am at 17% cash right now;
- The reaction to tomorrow’s job report will be telling;
- I like cheese.
