Savvy Trades and Investments

[michael t]

hweb thanks for the thoughts. I'm in the camp of trying to hold off on selling some positions until January. That will probably backfire.

Yesterday I hedged my long exposure with an SPY short. IWM may have been a better choice.

Based on the Buffet indicator of total market capitalization to GDP, we are now over 180% versus a peak of 159% in 2000. It may keep running, but were in uncharted waters.