R59- GV- All gains on no news !
Irrational behavior trumps- no pun intended. I can't take this craziness anymore, and went 35% cash today. I just can't take watching only 3 sectors doing well, and all the others are trashed, especially when those 3 sectors are now over valued. There is no place to hide IMO. Bad market, even though some stocks act nuts to the upside for no reason, and the major markets are near all time highs. I think it's time to be mostly on the sidelines. I was planning to do it months ago, and may just finally take 50% off the table and bank it. Too much for me this market !
