Yes, 5% cash and then "include" or factor in 6% spent on golds as a "short" or hedge for a down move. So taking out the golds, about 11% cash.
I see somebody said Janus was selling yesterday. That would explain how the TRIN was in the 3.0's. Currently in the 1.70's. So where do we get our bounce? Damage not to bad except DJIA.