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.