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A time to be in cash

As I mentioned in my members’ meeting last Thursday, this is what you’d call an ideal time to not trade.  

We’re still in the thick of earnings, though many of the large market movers have already announced, and the market is reacting with uncertainty, lurching one way and then another. 

For now it’s best to stay in cash – this could change quickly so if you’re on the more active side, don’t worry as it’s likely there’ll soon be plenty to do.