I went to 100% cash because I don’t trust tapes where Chinese stocks are +100% in a week, coupled with new wars that involves major oil producers and also with the port strike underway. I’m bullish, but not stupid.
Part of me was angered to book gains of +66bps on an otherwise glum day because I was +170bps pre market and wanted those gains back. But I reminded myself they were never mine to begin with and the only thing that mattered was what I had right now and what I could do in the future.
For me, the future is very very bright and I’ll be able to manifest more gains and navigate the tape with the professional acumen that comes natural to me.
At any rate, I’lol jimmy back in later, after things settle down.
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Silverrrrrrrrrr