Run for your life

I want to get 100% cash right now. I feel like this market is manipulating me into selling my positions. I wish bank of america a slow and painful death and it will be my pleasure to join them. If I sold today it would be mostly based on emotions, therefore I can not do so even if it is the right move.

Don't Slip

The breadth of the downturn today is quite impressive. Being heavily long oil I am down somewhere between 3% and 4% today. Tomorrow will be an informative day but I don't see myself selling very much. We are about to turn the corner into earnings season in a bull market. I'm 20% cash with the ability to raise funds if the market chooses to fight me. Because the market isn't fighting me; it's fighting itself.

Depending on what tomorrow looks like I will consider allocating cash, probably in US refineries because that seems to be the unstoppable trade right now. Wouldn't look to hold beyond July though.

It's the climb

By looking at the monkeys on CNBC you could probably figure out that we are going up. What's left to do? Sell? Who wants to get short this market? What do you think institutional money mangers are thinking en masse? What is the economy doing?

I ignore the rhetoric in the media and focus on answering these questions.

This question I ask myself a lot when it comes to sourcing motivation around uncertain events. You can apply it to the bulls and bears if you wish.

Who's starvin' more?