Strange and Stranger

Somehow I managed to make the biggest gain of the year this week. Up 4.5% for the week. I am still 40% cash unfortunately. I wondered all last year what it would take to give the market grief and we have seen it over the past few weeks. I feel if the fed doesn't cut next month we could be back to some major selling and yet the past shows that once the fed starts cutting rates the market also runs into trouble. It looks like I should get some short candidates ready to play for next month.

Bottoms Up?

I don't know about a bottom, but to me it feels like we are on a change of sentiment. I pulled the plug, took some losses and raised some cash. I couldn't take the volatility anymore. I am hoping that I can lay low and wait for some even lower prices. I was wondering what it would take to suck the wind out of this market and here we are. Will the Fed save the day, I believe the Fed speaks next week so that may put some wind back under the sails of this market, and I will have regretted my sales and have to get back in at higher prices. But I guess what I am being shown is that I am not prepared to for the whipsawing that I am seeing in my securities. I either need to suck it up and deal with it or I need to re-allocate to something a little less volatile.