Raising Cash To 50% – Across The Board Sales. Sold All RMCF

I loaded up on cash, making sales across the board on all positions. Most were locking in gains; a few like NRP and RMCF were locking in losses.

I sold every share of RMCF. The theory was that lower input prices would equate to business gains. It hasn’t happened, so I tossed the position for the losses.

Trash is floating to the top and Towers Watson is behaving like a tech stock.

It’s time to exit the moving vehicle while there’s still snow on the side of the road to catch you. The next half mile is nothing but gravel and frozen rivers.