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<p>[QUOTE=&quot;Brett_in_Sacto, post: 2319677, member: 71510&quot;]Welp, I&#039;ve been collecting &quot;underpants&quot; for the last year or two.&nbsp; I believe now begins phase 2 - ?/hold (depending on who you ask).&nbsp; I am considering one more &quot;back the truck up&quot; move in PM, and I believe 2017/2018 we will begin phase 3.</p><p><br /></p><p>All summer the pundits were being quoted as leveraging cautiously and moving into stronger positions in cash and in some cases PM.</p><p><br /></p><p>I followed suit and have moved to a 60% cash position in mutual funds (stable value, money market, bonds).&nbsp; Still skin in the game, but winnings off the table.&nbsp; I&#039;m able to move back in at anytime.</p><p><br /></p><p>The Dow is now approximately 15% off of the all time high back in May, and it&#039;s struggling to maintain 16k.&nbsp; </p><p><br /></p><p>I believe we are now beginning the official &quot;Silly Season&quot; in politics with a lame duck president and the turmoil will only grow.</p><p><br /></p><p>Place your bets folks!</p><p><br /></p><p>Hold on to yo&#039; @ss Fred!!!</p><p><br /></p><p>[MEDIA=youtube]XqtjMtEkDhY[/MEDIA][/QUOTE]</p><p><br /></p>

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