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10nisman

05/12/22 6:44 PM

#100308 RE: dexprs #100307

I think we shall see one very volatile day, yet, but otherwise the volatility will lessen, albeit slowly. In my opinion we are within 10% of the bottom. Maybe 5%.

Do you mean bottom like for the entire bear market or just for the current down wave before things go even lower later this year / or next? If you think the bottom is only another 5-10% away, you must not be forecasting a recession, correct?

If we drop another 5% or if we see a huge down day with appropriate lopsided number of lows and volume, I will be adding long positions. Currently I am holding 10% cash

What is your YTD performance?