I was down the coast surfing this morning, when I got up at 430 am dow was only down 1%. Listened to abc news at 1130 and realised what had happened. Expensive surf.
Liquidated about 40% of the rubbish and used half to buy into a bear fund which I’ll slowly peel off to rebuy some of my long positions when this calms down a bit. Kind of spur of the moment on the bear fund, seeing the US futures kind of pushed me into it.
Whether or not this was a smart strategy will become apparent soon.
Going down the coast again tomorrow so hopefully lightning doesn’t strike twice. Actually, I kind of want it to don’t I. Whoops.
