In and Out

a very rough morning for the bears

Lord, what a brutal morning, huh? I've been trying to focus on the positive, which is (1) I was still at 35% cash (2) umm, let's see, I don't have cancer of the eyeballs.

I've made precious little changes to my portfolio, however, but I wanted to walk through those alterations. First, with a heavy heart, I got out of my EFA puts (January expiration). Can…