Woah! Certainly missed out on this recent bull trap! Classic… whenever I exit 80% into cash, the market rallies into a fly trap.

Hope everyone is enjoying their August like every other long-only fund manager on holiday haha nobody is at the steering wheel and the Algos (or Lagos) are designed to find optimism - even as low as technical analysis haha

Anyway, I’ll never trump on someone’s calling card, but summer is coming to an end now, managers are returning to the office, the newspaper isn’t a cup holder anymore (sadly), so I think we’re about to enter a serious sell off to lock in this quarters profits as we head into an obvious rate hike and flaring tensions with China.