Watch the below video.
When the market seems to be really tough, often it makes sense to step back and take in the view from a different perspective.
Remember, managing risk means not just making sure don’t lose money, but making sure you are there to make it as well.
I used today as an opportunity to ring the cash register on some hard won profits. I tend to side with Gartman on the market now, and reduced exposure. Click Here for his interview.
Now what? Wait until we put in a bottom unless you trade the bounces. Stay in sync with the trend which is now down.
Watch the video.
Short term risk remains high, but there are places that cash can earn more than the 0% you get in the bank.