Trades

I sold 16 shares of OSK @ $56.0236.

Sold 31 shares of NUE @ $32.59.

Sold 83 shares of MOV @ $11.70.

Sold 37 shares of PFG @ $33.

Sold 221 shares of NEAR (because I’m worried about the corporate debt market) @ $49.38.

In short, I think we’re headed for a horrific recession and there will be no place to hide. I think the market has another 30-60% downside.

When it’s all over – I want to have the cash to take advantage of the bargains.

We’ll have to wait and see if I’m right.

PLEASE NOTE: The information provided on this site is not financial advice and it is for informational and discussion purposes only. Do your own homework. Full disclosure: my current holdings.  Read the full disclaimer.