New Tone

Today was a bond rate induced bloodbath.

I didn't take much defensive action, mostly because when everyone's panicking, it's the wrong call to panic with them.

The EUR/USD short is back on. We might even get past 1.30 at this rate. The attempt to edge up got shmacked, so more downside testing.

In an attempt to be far sighted, I'm riding some stocks down that I would normally just ditch. But I'm mature now (???).

I have a good deal of cash ready to deploy when this mess eventually bottoms.

Even if I want to go short here and there, this is the wrong place...we are way oversold short term.... patience.....