Still alive and not in the coffin and plenty of CASHJust want to tell you about where we are heading and what I told you for many months
.MARKET to go ' ''DOWN''
We are ''IN'' for a RECESSION and next months are going to be painfull.
Bossu is looking at the play from his tower and not too worry because of his 70 % cash position and still ''UP'' 5,0% since the beginning of the year including the today's market correction
It will be very difficult to to get back in the ''play ground'' to average down because I have to take ito consideration the ''Cash'' preservation !
ALA is still a possible play but wait for a lower price because of the next Q2 and Q3 lower traditional results.
By the way my best bet in the past months was
BIR .
Of course sold some and ready to buy back
most probably just before the Q2 results.
Happy trading