BBUS, page-8527

I think we (whomever that includes that's left in this fast dwindling bear camp) have become your pet project and you really really wanna save us! And I admire your enthusiasm in insisting, daily, that we all view the world through your lens - really I do - but you gotta let it go.

I get that you're making squillions - and truly - very best of good luck to you! It's fabulous fun and hopefully, you'll get a house, a car or two and a retirement fund out of it.

It's great that you're having a crack and it's working for you.

But for me:

a) I suck at day/short trades: I've been there and done that - and ultimately lost the cash.

b) I have a full-time job which I'd really like to keep just at the moment, so there is no way I'm going to be ducking and weaving every half hour or so to ride the market and check my stocks.

c) If I don't have a good, firm macro view of what I'm doing, then I really suck at being in the market 'cause then it's just a gamble - and that's a personal call. I'm not keen on gambling - I don't need the thrill - I'd rather have the odds stacked on my side as I see it (not as you see it - remember, this is my take, not yours). I've cash out at the moment that's just sitting - and it can stay right where it is thanks.

c) It's not my first rodeo - so I know that things can take time to play out.

For you - who knows - you may or may not be gambling - you may have fabulous trading skills and stop out diligently every time. You may have been in several crashes and you might have a crystal ball. And you may have started with a million - I haven't the foggiest.

For now - I have my position for the shortish to medium term (I hope). My hope is no different to your hope - you hope the market keeps on keeping on forever to infinity - so that you can join the throng moving from one sector to the other every week or so, front-running the people who are losing and taking home the prizes.

I got in too early, which is my bad, but there's nothing that is happening in the world right now that makes me think that this (as in the mess we're all in - and that's locally, nationally and internationally) is going to end well. And I also think that when the market lets go - it's going to go hard and fast - again, just my take.

I have no desire to be racing thousands of others as stocks gap down by 10 and 20 percent - I like being prepared in advance and atm I'm still comfortable with my macro take. If my macro take changes, then maybe I'll change my mind too.

In the meantime - here I sit...