EP, I decided, on a dime, via intuition, and for the sake of comfort, to retreat to what effectively is my null position per 4th quarter last year, namely Cash (mostly CAD), gold/platinum (all physical), energy (Vermilion, COS, other oil sands, Baytex, Suncor, PetroBrasil), and a bit of this and that. The null position is the position I sleep soundest.
I will continue to watch from this 'null' position, and wait for that clearer sign that all is safe. I generally do not like it when the markets are at the middle of a range, struggling, do not enjoy getting whipsawed, and am not good enough to p*ss against the wind.
Also, I do not want to panic during the next breakdown, I want to be able to move.
Chugs, J |
