On April 27th, I sold a large piece of the equity portfolio that I manage for clients and placed it into cash. The timing of doing this was based on observations I have been making on this blog site prior to that decision. In other words, I don’t just talk about theory on this blog page—I follow through via my own actions!
While we don’t always get such precise timing on a trade—this one worked out quite nicely, having sold basically near the market peak prior to the recent volatility. You can see my BNN video clip where I discussed my reasons for selling on that day at http://watch.bnn.ca/tuesday/#clip294784
As for what is happening right now on the markets…..
…..read it all HERE