Well this year so far has been a real downer in the stock markets. Blood in the streets so to speak… Much red ink on the TSX since January 1. Yesterday, I did something I have not done in many years. I sold ALL my stocks. I never sell all my stocks. But I did it anyway. The idea being to buy back in at lower prices in the future. I suspect that things could be pretty ugly till the fall or so. Hopefully not much longer than that. For now, I am on the sidelines, watching the carnage.

In fact, I thought of doing this 4 days ago, but was talked out of it by a broker friend.
As of yesterday, I just decided to pull the plug for a time.

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