I’ve told you already.
I’m not really satisfied until we receive a full market crash. This? Pffft. This is nothing.
As we’ve said … for those who are new, your best bet for the entire month of September is cash. Cash can be a position. And as a position cash is beating almost every market segment out there at the moment.
I maintain my longs. Hedged. I had a down day to be sure in the short term trading account. But all things in context. Yesterday, I made 104 BPS. Today, I only lost 48 BPS, while the market lost 139 BPS.
Think about those numbers for just a bit.
Meanwhile … I’ll go back to being bored.