I am starting to take my profits across the board. My holdings: FCX, HOGS, PM, FXI, NEM, RJI, RJA, and RJN. I'm about 20% in equities and 30% in commodities as of today. If I don't update next week, assume that I am almost completely out of my holdings. I think we are pretty due to a correction based on the technical pictures and some fundamental issues. Nearly all the stocks are dancing around at the top of the bollinger band and 4th quarter outlook is rather gloomy. Anyhow, I think its a good idea to either hedge your profits or lock it up as we head into the 4Q. I'll try to keep you guys updated.
P.S. I'm holding onto GLD to hedge my cash postion after I finish unloading.
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