October 17, 2016

Any Port in a Storm

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By Peter Bower

Money flows last Friday turned decidedly negative. As a result, we expect more volatility. The pre-election correction has probably started.

We have anticipated much of this and raised cash reserves. We don’t expect a major down-turn, but will keep our eyes on the market internals along with the news flow; we will see.   We also want to see where strength and new leadership emerges.

We intend to take advantage of this volatility and uncertainty, not to be a victim of it. Wish us well and stay steady, my friends.

The Lonely Bull

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