The Correction

When, how much, and do you really care anymore? By now you’ve either figured it out or you won’t until its way too late. That’s the nature of the Bear. The rule of alternates, if applied indicate this Bear cycle move within the secular Bear that began in 2000 will be the longest and largest move. When Paul Singer, Ray Dalio, and Greenspan tell you the market is about to dump, you had better believe there is a problem. A BIG BIG problem. I doubt that any shorts in the market will collect once the Bear move begins in earnest. Perhaps at first you will be able to trade within the Bear, but volatility and necessity will apply capital controls within the market destroying your ability to collect. The market will wrest any bear profits once the “blood in the streets” becomes extreme. Strategic short squeeze plays may work for some of the most skilled traders, but most paper plays will be slaughtered.  

I don’t intend to apply any shorts as I did in the 2008-09 Bear but IF I get fortunate and the miners manage to stage a nice move within the early stages of the Bear then I will accept some early profits and convert the paper to distressed hard assets at that point. It may be gold or silver or it may be real estate. You may wish to convert to a solar system or alternate home energy source such as Musk’s new battery packs. 

On the run still and will be more engaged in 5 days. Best of luck to you and hope you’re paying attention to what’s going on under you own nose in your own country. gl