The market is down huge. We are not heavily long. The market is shooting first and asking questions later. We have lots of cash on hand to attack. So we will have to sit back and put our money to work in the next move of this market.
For defensive measures,
Buy GLD, GDX (hedge against inflation)
We are seeing deflationary fears. There is no where to hide but by buying FXY- the Japanese currency and GLD for inflationary pressures.
These holds for me are until the market finishes selling of so I am not sure of a time frame as of yet.
USUALLY THE MARKET WILL HAVE A VICIOUS REBOUND FROM THIS UGLINESS AND MAY SIGNAL THE BOTTOM. IT HAPPENED IN MARCH.
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