At the moment "cash is king" until the dust settles and there is...

At the moment "cash is king" until the dust settles and there is some certainty.

The market hates uncertainty and while it prevails there is only going to be more downside ... perhaps a lot more downside.

Preservation of capital in this environment is paramount.

The toe can always be dipped back in the water when one thinks it's a lot safer ... better than staying in regardless and getting the head bitten off!