PLS chart, page-214

I learned my GFC lesson but each lesson is different. Pre-COVID, I was hesitant on the spec side because of equity index elevation. The.XJO back then was diverging from their long term mean on a PeR measure. The sectors that were trending in both directions were either overtly expensive or cheap so I have my own TA setup for better or worse to measure trend or reversal and entry/exit. I’ll deem myself the accidental exposure mitigator right through the massive selloff. The smarter would have shorted eyeballs deep And then reverse to long. Pershing capital Bill Ackerman did just that and profit but-directionally.

Psychologically I’m anticipating a big selloff but as @BabaRoga_space intimated the now and current is what matter. How an investor tries to mitigate risk exposure should we get caught in another March tail spin seperate the boys from the men. I’m still a boy trying to grow up in this context. Good luck.