Cash

I did an about face today, moving to 100% cash. If we crash on Monday and head to 0, I will have lost the opportunity to profit Livermore style, however my read was that follow through today should have come, when it didn’t and we recaptured some key levels, it was a change in character. Therefore, I am all cash and will re-evaluate next week.

Quint Tatro is the portfolio manager of the Tatro Capital Tactical Appreciation Fund (TCTNX)