GMI:1;GMI-R:1; 100% cash

This market looks so bad that I am now 100% in cash, both in my IRA and in my university pension.  This is not the time for me to be a hero and there will be plenty of time to enter the market when the current down-trend ends. It amazes me to hear the media pundits looking for stocks to buy.  I guess they don’t make money unless people trade.

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