I’ve liquidated all of my holdings today and moved 100% into cash to re-evaluate my strategy going forward. I’m very cautious on markets because of strong negative catalysts coming out of Europe. America is still fighting unemployment and a deflationary environment. China’s market is beginning to break at the seams. I will move my cash into short term treasuries until I re-evaluate my strategy going forward. Currently, my idea is to stricly invest in risk arbitrage situations where a catalyst is known and risks are minimal with proper research. Will distribute my cash into short term treasuries until further notice.
-Long Term Bearish-