Posted by May 18, 2011
on I am extremely bearish. Reasons:
Recommendations:
- Sell everything that has high market beta
- Sell everything that is priced like a growth stock
- For the stocks that remain, make sure they have a watertight value thesis and a near-term catalyst, otherwise cash is just better
- If you don’t want to sell for tax reasons, look into taking on CFDs to short the STI and take your portfolio to market-neutral.
Do it NOW.