lystn

We still believe the 'Big low' is in and will be happy to get fully invested again when the moment is right, but we're not convinced that that's today. Very few charts, of markets, sectors, or stocks, are throwing off buy signals. It takes more than one good day (yesterday) to start a trend. So we remain in some cash although we have started to nibble on some recovery plays today (see the newsletter for which stocks). Boris Johnson is telling the world to go slow on the economic restart and we might just take his lead here. So no big rush to get fully invested, but ready to do so at the slightest technical excuse.