iBankCoin

MOVED TO CASH

I was fortunate to have some winners this morning, all 10% positions with exception to SQQQ at 25%. My allocations have been bigger and bolder, mainly due to the success I’ve had this year with some leeway to lose. I sold everything at the open, higher by 178bps for the session, and have no temptation to chase hot oils or buy cold tech dips.

This being the last trading day of May, I’d like to go out without a drawdown — higher by more than 15% for the month.

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3 comments

  1. roguewave

    https://goldseek.com/article/worst-bear-market-my-lifetime-jim-rogers-predicts

    and jimmy bowtie is fairly old

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    • donnie wads

      Jim Rogers is a broken clock. Like Peter Schiff in 2042.

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      • roguewave

        True with a key difference, he is currently up big time in commodities (excluding gold), unlike Schiff.
        and he is not buying more pm’s at these prices.
        He’s waiting for a blow off top.

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