As an old Marine Corps officer used to say, “don’t put yourself in danger until I order you to do so.”
Look people, this run in the market is almost over. The market is weak and passive and ready to get pummeled, like a computer nerd stumbling around in “the octogon”.
Many stocks are ridiculously overpriced in this momentum driven market. You want to participate in a blood bath? Go all in, right now. You have my permission to put yourself in harm’s way, guillotine-style.
No, it behooves you to hedge, raise cash, pray, or do all three. Do not delay these tasks any longer.
Good day to you.
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