SP:SPX   S&P 500 Index
This reminds us of before the 98 cyclical bear market and the crash of 87. Of course, those are rare occurrences and the market bottomed shortly after, but we always respect risk and prepare for the worst.

Positions:

ALL CASH

Opportunities will be endless do not force anything.
Comment:
As the market approaches its underlying trend from 2009, it is time to start monitoring individual stocks for entry.
Comment:
Worked perfectly.

We must watch the market very closely here.

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