Breakwave Dry Bulk Shipping ETF (BDRY)

[JLmyhero]

Allocations beginning the week 3/16... The Ides of March (Beware)

2% IEI 'on' / BDRY 'off'
2% IEF 'on' OIL 'off'
2% IEF 'on' DBA 'off'
2% UUP 'on' IAU 'off'
2% SH 'on' SPY 'off'

10% UUP

80% VGSH 'on' with STIP 'off'

100%

Changes from previous week:

1) Small percentage of BDRY closed out.
2) SH increased to 2%
3) BSV closed out
4) Additional UUP added
5) VGSH added.
6) Increased 'other' allocation from 10% to 20% with short bonds now at 80%
7) Eliminated all short corporate bonds from consideration until conditions improve.
8) Extended duration on BDRY pair from SHV to IEI

An absolute monster week to say the least. All risk has turned off with not a glimmer of light. Only safe places to be are: governments (ex-TIPS), short equities, cash, and King Dollar (UUP).

Using the 2008-09 time line as a reference guide the market today mirrors mid-Sept. 2008. It took six months to bottom out from there.

This portfolio is now in a maxed out bear position. Grrrr...