For those that do not know what that means, it means that it is time to raise cash by selling down some of our longs. We recently have gone long quite a few stocks that have performed very well. Some of you made the right decision and took a lot of profits when some were up 20% to 50%. That was very smart.

Some folks say we’re in a recession. Others say we’ve hit the bottom. The truth of the matter is that no one has any concrete idea about what’s going on. But I can only guess as to what’s going to happen, at least short term.