I'm at about 80% cash (timing has been about 8 on a scale of 10). But, unlike you, I see tempting stuff all around. Biotech has been, at best, a source of funds.
Hate days like this...... selling, in the event that tomorrow's cut is 50 bp, so that funds can be socked into financials and tech??? If that's a large part of this hit on small caps, then I'd expect tomorrow to be heads we lose, tails we lose.
But it's all good for me.
Anyway, considering using margin if and when I re-enter. That would be the first time in many years. Probably will chicken out, and certainly wouldn't consider microcraps, with or without.
:-)
Best! Rick |
