Friday saw a nice solid advance on strong volume.
Yesterday the market moved up but volume was slack.
Everybody wants to know if the bottom of the correction has been hit. Well, it's too soon to tell and if, like us, you've gone to 100% cash, it's too soon to step back in.
Corrections can be brief and cleansing. They can also last for many months. Wishing for it to be over isn't a strategy.
0% invested/ 100% cash is the current position.
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