Stormy seas

When politics is attributed as the reason why the broad market drops by 2% in a day, you know there is more to come (the reason is most certainly not politics).

Brace yourselves – I’ve been continuing to liquidate things and are well positioned for a market crash.

(Update, June 4, 2017: S&P 500 is up 4% since I wrote this, in a huge upward trajectory! Shows you what I know about short-term market timing!)

2 thoughts on “Stormy seas”

  1. A pronounced drop in the market. I think with electronic triggers that you can’t have 1929-type events anymore but certainly over the period of a month it can happen.

    But this isn’t a prediction of a crash. Just that if one happens I’m well prepared. I was thinking something like August 2011.

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