With the current volatile market conditions I have decided to move to the sidelines with substantially all of the portfolio positions taking profits. With a large position in cash, we will be positioned to make reentry buys when the markets stabilize. I am very cautious at this time and look for a correction enabling us to avoid substantial losses.
Thank you for your patience and working with me to provide safe returns during this period of trying times. It is better to be safe rather than sorry. I am watching everything very closely in order to be in the correct position at all times.