cash 55% (incl japanese yen 15%)
physicals & certificates 13%
stocks (mostly energy & materials, soft and hard) 12%
real estate 18%
bonds 2%
and am ready to have the 55% go into physicals/certificates or stocks or real estate, hair trigger, more or less, depending on what goes down or up
the japan yen hedges for stocks, and gold underpins it all, just in case, and is hedged by yen, in most cases
in other words, still high cash, market neutral, more or less, readying to take profit on phase 3 super ramp of stocks per richard russell, or hard buy the superkabosh of gold per prechter, or enjoy the spectacle that will eventually but inevitably be triple waterfall unwinding of yen carry courtesy of mr and ms watanabe
i am about as ready as i ever will be
waiting to see the red in the white of their eyes, not to shoot, but to engulf and crunch, sashimi fashion, raw, twitching, and preferably screaming |
