I am extremely cautious at these levels. I am not certain where the MAJOR RISK TOP is, but all charts tell me it is close.
This is not a time to take OPEN ENDED RISK. I am taking RISK DOWN significantly as I feel we are at a tipping point.
I will be extremely cautious with all positions.
Stay tuned for more. I will write down my thoughts and post them soon.
For now, I am looking at charts and figuring out how to PROTECT ASSETS.
In times of HIGH STRESS AND VOLATILITY I worry about return OF INVESTMENTS, more so than return ON INVESTMENTS.