I know everyone has had a great 2 months, but the US key figures (SPX & NDT) don't look positive in the short term. I believe it is a time to build a cash warchest for opportunities later in the downturn. Being fully invested when the market turns down is not a good strategy, given your purchasing power of cash increases as prefered stocks fall.
Regards
Buffett
PS No investment advice given
daytrade diaries... thursday part 2, page-79
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