Back To Work

Back to work.
Here's where I'm at; I'm selling. I'm locking in profits(40% in KOL alone).
But then what?
It's very simple, I'm going back to work. I believe that the markets, if not at their tops, are nearly there.
If I'm wrong, the only thing I'm losing is potential gain.
I called oil at $70 when it was trading at $50. True it went down to $40 before moving back up, but that is what trend investing is about. I don't try to hit the tops and bottoms exactly. Just identify the broad trend and get in at attractive levels. Then stand back and let the markets overshoot the range.
I will be posting ideas as I develop my new portfolio structure, but for now, look for oil to correct lower as well as the broader markets. This will probably take metals lower, but I am not selling silver or gold. Those are my core holdings, and part of a mega trend that isn't even close to playing itself out. As always, pullbacks in prices are buying opportunities. Same holds true for my short on treasuries(TBT). I am accumulating.
Stay tuned and stay nimble(in cash).
I may be moving quickly if things turn the way I think they will.

Good luck and Godspeed

JT