Same here , but I am actively hunting for bottom stocks.
Trying to pick bottoms only leaves you with smelly fingers (*sorry one of my favourites!)
On a serious note, my call to sell out wasn't an ATM call - it was based on the overall situation, which will get worse before it gets better. While things like China having largely come out of the crisis (if you believe what they say and their figures) and also currency tailwinds.
Strongly believe that there will be opportunities to buy back in at lower levels. Down 6.9% on Friday close as I speak, but has been huge intraday swings of late.
Trying to pick bottoms only leaves you with smelly fingers (*sorry one of my favourites!)
On a serious note, my call to sell out wasn't an ATM call - it was based on the overall situation, which will get worse before it gets better. While things like China having largely come out of the crisis (if you believe what they say and their figures) and also currency tailwinds.
Strongly believe that there will be opportunities to buy back in at lower levels. Down 6.9% on Friday close as I speak, but has been huge intraday swings of late.
Surely, what I meant was I am keeping an eye out for the bottom stocks but not taking actions yet.
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