Here it is: Up 3.23% since 22 May compared to -0.60% of the KLSE. I have been selling selling selling and cashing in so far and now my equity/cash ratio is only at 38%/62%. Sleep has never been easier and I am happy to sit out the market and wait for its next move. I have no opinions either way right now about where it’s headed and want to keep just a little in case it does continue its journey up, but not so much that if things turn south I will be worried. That is the best place to be when you lack conviction. Enough said.
Incidentally you just know that when the press proclaims that interest in the market is growing, because look at the volumes etc. etc. the market will almost inevitably close down the next day.
Tomorrow I head back to Singapore to enjoy the weekend with my fiance and catch up on my reading and research. So if I don’t catch you before then, have a great weekend all, and remember: money can come and go but the market will always be there.
