Life is a Lot of Probabilities

Life is a lot of Probabilities

Capitulation, when is it coming? CNBC interview based  Indications of a stock market bottom are either:

1)       mutual funds start buying, 

2)      high volume down move making new lows and closing higher for the day

So far not yet, our take:  this is not “the” BOTTOM, the real bottom is years away, you don’t undo 28 years of greed with 2 months of bailouts. For now either:  A) sit in cash or a small percent in stocks, or b)  play the game .  And game it is, just like life, unless you are one of those who has yet to learn that plans can implode.

No change in positions for either portfolio compared to yesterday.

7:45 AM CDT