Caution. The market is looking very nervous imho.Its a good time...

  1. 524 Posts.
    Caution. The market is looking very nervous imho.

    Its a good time to lock in profits or at least reduce holdings. I closed all positions yesterday and moved back into cash and will wait out October. I feel another serious correction is brewing after this weekends G20.

    Gold dipped under $1000, oil retraced to $66, base metals all down, US unemployment UP, US debt ballooning and more stimulus/borrowing coming.

    If you're still in and holding overnight positions you're braver than me.





 
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