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.