It seems my brief journey into bullishness (green circle) followed by my decision to bump it all and become a pure bear again (red circle) was timed well.
![roundturn](https://slopeofhope.com/wp-content/uploads/2022/03/roundturn-640x430.png)
The CPI numbers came out this morning, and let’s just say the Fed has no place left to hide. They’re hosed.
![cpi](https://slopeofhope.com/wp-content/uploads/2022/03/cpi-640x273.png)
For myself, I have nothing but short positions, but I’ve still got 27% cash. Time to turn up the heat.