SUMMER DAYS

A slightly higher future market, a fade, a bounce at 10:00 am, a direction-less tape for most of the day, a bit of sell-off after lunch, and finally fall apart. Yah, a typical summer stock market. It's certain not fun, not to mention the great weather outside. Despite the decline, I am not too concerned about the most recent positions added. Better to buy here than sell and longer it falls, hard it rebounces. Moreover, my cash position is still well over 25%, which will provide me with a lot of flexibility. I just have to hold my emotion in line and remain positive.