Is doomsday upon us?

[hendi_alex]

Well I don't anticipate doomsday, but it makes sense to me to have a variable cash weighting, and increase in that range depending upon the market and sentiment. My cash weighting is in the upper range at 27% after selling some trading shares of TNK today. It is not like my cash weighting is stagnant however, as those funds provide opportunity cash usually for quick profitable trades. For example, the 2000 TNK shares were bought on 8/12 for $6.58 and were sold today for $6.99 netting 6.1% in 5 days. I'm still holding a similar sized batch of TNK trading shares, but will wait for closer to $7.50 to sell. At any rate, I'll not let cash drop under 10%-15% unless the big crash does come, but hope to keep average cash weighting on the upper end somewhere between 20%-33%. So for now the cash is just sitting, waiting for opportunity, when there is a disconnect between share price and market/company fundamentals for some ticker of interest. The cash is also there for slowly feathering into depressed sectors, adding to existing positions on strongly down days that take the price to new lows or near to existing yearly lows.

Most recent accumulations were: EWZ ROOF MRO KBWY XOM KMF